Answer Posted / 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 |
Post New Answer View All Answers
How often do you use social networking sites?
What is the Net present value of eurekaforbes
What are your views on social networking sites?
What is Incorporation?
What kind of lifestyle do you expect to have in banking?
Who is the Governor, Chief Minsiter and Other Ministers of Your State (Like Education, Tourism Ministers)?
Where have you saved money, handled more with less or found other ways to cut cost or increase productivity?
What is FTSE at today?
Do you acquire any knowledge on Computers? Elaborate it.
What would you like to do - lead or follow?
HI CAN ANY ONE HELP ME OUT IN (FICC INTERVIEW QUESTION) FOR COGNIZANT HYDERABAD.
Pass the Journal Entry of Debentures Are Issued at Discount?
What is current GDP of India?
What has the market been doing? Why? What do you think it will do in the coming 12 months?
What are your strengths and weaknesses? How will you overcome your weakness?
