Sunday, August 12, 2018

Concept of Debentures In India

Concept of Debentures In India

Characteristics of Debentures

·Debenture is a movable property. It is in the form of a certificate of indebtedness of the company and issued by the company itself. It generally creates a charge on the undertaking or undertakings of the company. There is usually a specific date of redemption.
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