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.