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Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Companies: Debentures › Debenture is defined as including bonds under wh…

Debenture is defined as including bonds under which law?

ACompanies Act, 2013
BSecurities Contracts Act
CNegotiable Instruments Act
DIndian Contract Act
Answer & Solution
Correct answer: A. Companies Act, 2013
Section 2(30) of the Companies Act, 2013 says debenture includes debenture stock, bonds and other securities of a company.
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