Question : Which of the following is not a characteristic of Bearer Debenture?
Option 1: Their transfer requires a deed of transfer
Option 2: They are treated as negotiable instrument
Option 3: They are Transferable by mere delivery
Option 4: The interest on it is paid to the holder irrespective of identity
Correct Answer: Their transfer requires a deed of transfer
Solution : Unregistered bearer debentures can be transferred through simple delivery. The ownership of these securities is not documented in the company's debenture-holders' register.
Hence the correct answer is option 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 : ----------------------- 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
Question : Which of the following statements is true?
Question : Which is an agreement between the company and the trustees to look after the interest of debenture holders?
Question : The coupon rate of a debenture is:
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