Question

Describe the open market purchase method of debentures redemption

Answer 1

Answer:

When a company purchase its debentures from the open market (if mentioned in article of association) then that process of purchase is called redemption of debentures by purchase of own debentures in open market. Debentures can be purchased from open market for two purposes that are: For the purpose of investment.

Answer 2

Answer -

• When a company purchase its debentures from the open market (if mentioned in article of association) then that process of purchase is called redemption of debentures by purchase of own debentures in open market. Debentures can be purchased from open market for two purposes that are: For the purpose of investment.

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