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प्रश्न
With reference to business finance, explain the following : Debentures
उत्तर
A debenture is an instrument of written acknowledgment of debt under the common seal of the company.
It consists of the contract for repayment of the money borrowed after a specific time and at a specified rate of interest. The person holding this written acknowledgment is called Debenture holder.
According to section 2 (12) of the Indian Companies Act, Debenture includes debenture stock, bonds and any other securities of a company whether constituting a charge on the assets of the company or not.
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संबंधित प्रश्न
State, with reason, whether the following statement is True or False
The bond holders are owners of the company.
Debenture holders are creditors of the company.
Attempt the following
Specimen of a letter to the debentureholder informing him about redemption of debentures into shares.
Define 'debenture' . Explain various types of debetures.
Write a Word / Term/ Phrase Which Can Substitutethe Following Statements.
The authority who can issue debentures.
Write a short note on types of Bonds.
Shareholder and Debentures holder
Explain the features of bonds.
State the provision for the issue of debentures?
Briefly explain the following source of finance:
Debentures
