Explain the difference types debentures.
Also give information about sub-types of de debenture.
Answers
the following is the type of debenture
1 secured debenture
2 unsecured debenture
3 bearer debenture
4 redeemable debenture
5 irredeemable debenture
6 convertible debenture
7 non convertible debenture
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WHAT IS MEANT BY DEBENTURES :-
Debenture is a document containing acknowledgment of debts issued under common seal of the company sign by the directors.
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TYPES OF DEBENTURES :-
1] SECURITY :-
2] TRANSFER :-
3] CONVERSION :-
4] REDEMPTION :-
5] PRIORITY :-
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Explanation :-
1] Security :-
types of security debentures
1. Mortage debentures :-
2. simple debentures :-
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2] Transfer :-
types of debentures of transferability .
1. Registered debentures :-
2. Bearer debentures.
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3] Conversion :-
Types of conversion debentures .
1. Convertable debentures.
2. non-convertable debentures.
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4] Redemption :-
Types of redemption debentures .
1. Redeemable debentures.
2. Irredeemable debentures.
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5] Priority :-
Types of priority debentures .
1. First debentures
2. Second debentures.
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