Accountancy, asked by SoulStealer3130, 1 year ago

No company can issue debenture which has got any voting rights

Answers

Answered by sachinarora2001
0
No company can issue debentures, which has got any voting rights, its true because whenever company will get any voting right then company only liable to issue shares. It s reason is that Shareholders has rights of voting but debentureholders has n't any right of this type.

Hence, If a company has voting rights then it cannot issue any debentures. In other words, it only issues shares for that purpose.
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