Question

Suggestion about debenture certificate

Answer 1

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A Debenture Certificate contains the terms of the repayment of the principal sum at specified date and the terms of payment of interest at fixed percent.


According to section 2(30) of the Companies Act 2013, "Debenture includes debenture stock, bonds and any other securities of a Company, whether constituting a charge on the assets of the Company or not."



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