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What is Debenture?
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Answer / leela
Debenture is a legal contact agrrement between Company and
Debentureholders. Debentureholders will get fixed rate of
interest every year and will get Principal amount after
maturity period.
| Is This Answer Correct ? | 22 Yes | 1 No |
Answer / prasannakumar
Debenture is long term libilitie it is used company share
holders and management using company activities
| Is This Answer Correct ? | 9 Yes | 2 No |
Answer / himanshu
The long term debt for the company which is segregated into
segregated into small denominations is called as debanture.
Unlike shares the company is liable to pay interest on
debantures in any situation and the interest on debaentures
is fully exempt from tax unlike shares on which co has to
pay corporate dividend tax @ 12%
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / mahesh jinna
A debenture (also called a note) is an unsecured corporate
bond or a corporate bond that does not have a certain line
of income or piece of property or equipment to guarantee
repayment of principal upon the bond's maturity.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / divya selvaraj
The term debenture refers to a document issued by a company
acknowledging a debt due by it to its holders. It also provides for payment
of interest at a fixed rate at stated intervals. It also contains an undertaking
to repay the debt or at its option. It is usually under the common seal of
the company.
The debentures must be serially numbered and duly signed by
the directors as per the regulations contained in the articles. It should
also bear the date of issue and the date of redemption.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / prince
Debenture is nothing but as one of the issued to number of
lenders with specified date of repayment.It can be issued at
a discount to company
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / abinaya.s
debenture is a legal contract between the company & its
debentureholders.
| Is This Answer Correct ? | 1 Yes | 2 No |
Answer / arjunanag@rocketmail.com
Debenture: it is a acknowledgement of debt, issued by the company under its seal. They get a fixed rate of interest.
| Is This Answer Correct ? | 0 Yes | 1 No |
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