What is Debentures and what are the different ways of issuing debentures?
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it is the most popular from of borrowings by the company.it is a document which either creates a debt or acknowledges a debt due by the company or by its holders.it provides for payment of interest at a fixed rate and also at stated intervals.
there are different ways of issuing debentures:
# registered debentures
# bearer debentures
# mortgage or secured debentures
# unsecured or naked debentures
# redeemable debentures
# non convertible debentures
there are different ways of issuing debentures:
# registered debentures
# bearer debentures
# mortgage or secured debentures
# unsecured or naked debentures
# redeemable debentures
# non convertible debentures
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