alleryStart learning →Home › Bihar Board Class 12 (Commerce) › Accountancy › Issue and Redemption of Debentures › The procedure for issue of debentures is the sam…
The procedure for issue of debentures is the same as that for
AIssue of shares
BForfeiture of shares
CBuyback of shares
DRedemption of shares
Answer & Solution
Correct answer: A. Issue of shares
Investors apply on the prospectus and pay in instalments, just as for shares.
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