Question

6 features of debentures

Answer 1

* Debentures are instruments of debt, which means that debenture holders become creditors of the company

* They are a certificate of debt, with the date of redemption and amount of repayment mentioned on it. This certificate is issued under the company seal and is known as a Debenture Deed

* Debentures have a fixed rate of interest, and such interest amount is payable yearly or half-yearly

* Debenture holders do not get any voting rights. This is because they are not instruments of equity, so debenture holders are not owners of the company, only creditors

* The interest payable to these debenture holders is a charge against the profits of the company. So these payments have to be made even in case of a loss.

Answer 2

$\huge\bf{Answer:-}$

1. Against the assets of company
2. Date of interest payment.