The debentures that can be transferred by way of delivery and the company does not keep any record of the debenture holders are called :
Show Hint
- Redeemable debentures
- Convertible debentures
- Zero Coupon Rate debentures
- Bearer debentures
The Correct Option is D
Solution and Explanation
Top Questions on Issue of Debentures
Mayank Ltd. invited applications for issuing 70,000 equity shares of 100 each. The amount was payable as follows:
On Application – 20 per share
On Allotment – 40 per share
On First Call – 20 per share
On Second and Final Call – Balance
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