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Question
Select the correct answer from the option given below and rewrite the statement:
A company issuing ______________ debenture must create a charge on the assets of the company
Options
Secured
Unsecured
Redeemable
Solution
A company issuing Secured debenture must create a charge on the assets of the company
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RELATED QUESTIONS
Secured debentures must be redeemed within ______ from the date of their issue.
Write a word or a term or a phrase which can substitute the following
statement.
Period within which secured debentures should be redeemed.
Write a word or a term or a phrase which can substitute the following
statement.
Type of debentures on which company has to create a charge on its assets.
State whether the following statement is or false.
All secured debentures should be redeemed within 20 years from date of its issue.
Secured debentures must be redeemed within 15 years from the date of their issue.