Question

Can the tenure of debentures be less then then 10 years?

Answer 1

A company can issue secured debentures with a date of redemption not exceeding ten (10) years from the date of issue.

it means tenure can be less 10 years but could not be more than 10 year.

but in infrastructure projects tenure of debenture can be upto 30 years but not more than that.

hope this will help you