Home › Bihar Board Class 12 (Commerce) › Accountancy › Issue and Redemption of Debentures › Perpetual debentures are also called
Perpetual debentures are also called
AConvertible debentures
BRegistered debentures
CBearer debentures
DIrredeemable debentures
Answer & Solution
Correct answer: D. Irredeemable debentures
The company gives no undertaking to repay them, so they are irredeemable.
Related questions
Unlike shares, debentures are generallySection 2(30) of the Companies Act, 2013 definesTraditionally, bonds were issued by theWhich investment qualifies for debenture redemption?Amounts invested for redemption can be used only forDebentures of Rs. 3,00,000 mature in January 2018. The investment needed by April 30, 20174,000 debentures of Rs. 100 mature next year. Minimum investment due by April 30?A company may redeem debentures before maturity if