Question : ----------------------- are the debentures that are registered in the company's records in the name of the holder. Principal and interest of such debentures is payable to the registered debentureholders. The transfer of debentures in this case requires the execution of a transfer deed.
Option 1: Registered debentures
Option 2: Bearer debentures
Option 3: Secured debentures
Option 4: Unsecured debentures
Correct Answer: Registered debentures
Solution : Answer = Registered debentures
Registered debentures are those recorded in the company's books under the holder's name. Both principal and interest are payable to registered debentureholders. Transferring these debentures necessitates a transfer deed. Unlike bearer debentures, ownership of registered debentures is identifiable through the company's records. Hence, the correct option is 1.
Question : ------------------- debentures are the debentures that are not registered in the records of the company in the name of the holder. These debentures are transferable by mere delivery. Interest is paid to the person who produces coupons attached to the debenture.
Question : Which of the following is not a characteristic of Bearer Debenture?
Question :
The debentures do not carry a specific rate of interest. In order to compensate the investors such debentures are issued at a substantial discount. The difference between the face value and the issue price is the total amount of interest
The debentures that are not repayable during the lifetime of the company and hence are repaid only when the company is liquidated are called as
----------------Debentures are those debentures that are repayable by the company at the end of a specified period or by installments during the existence of the company.
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