Question : ----------------------- are the debentures that are registered in the company's records in the name of the holder. Principal and interest of such debentures is payable to the registered debentureholders. The transfer of debentures in this case requires the execution of a transfer deed.
Option 1: Registered debentures
Option 2: Bearer debentures
Option 3: Secured debentures
Option 4: Unsecured debentures
Correct Answer: Registered debentures
Solution : Answer = Registered debentures
Registered debentures are those recorded in the company's books under the holder's name. Both principal and interest are payable to registered debentureholders. Transferring these debentures necessitates a transfer deed. Unlike bearer debentures, ownership of registered debentures is identifiable through the company's records. Hence, the correct option is 1.
Question : ------------------- debentures are the debentures that are not registered in the records of the company in the name of the holder. These debentures are transferable by mere delivery. Interest is paid to the person who produces coupons attached to the debenture.
Question : Which of the following is not a characteristic of Bearer Debenture?
Option 1: Their transfer requires a deed of transfer
Option 2: They are treated as negotiable instrument
Option 3: They are Transferable by mere delivery
Option 4: The interest on it is paid to the holder irrespective of identity
Question :
The debentures do not carry a specific rate of interest. In order to compensate the investors such debentures are issued at a substantial discount. The difference between the face value and the issue price is the total amount of interest related to the duration of debentures.
Option 1: Zero Coupon Rate Debentures (Bonds)
Option 2: Bearer Debentures
Option 3: Secured Debentures
Option 4: Unsecured Debentures
The debentures that are not repayable during the lifetime of the company and hence are repaid only when the company is liquidated are called as
Option 1: Redeemable debentures
Option 2: Irredeemable debentures
----------------Debentures are those debentures that are repayable by the company at the end of a specified period or by installments during the existence of the company.
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