mention any two features of debenture
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- Against the assets of company
- Date of interest payment.
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Explanation:
1)A debenture acknowledges a debt.
2)It is in the form of certificate issued under the seal of the company (called Debenture Deed).
3)It has a rate of interest & date of interest payment.
4)Debentures can be secured against the assets of the company or may be unsecured.
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