What is meant by 'Irredeemable Debentures'? (Answer in one sentence)
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Hi there ^_^
《 ANSWER 》
Irredimable debentures are those debentures which are not repayable but they can be repayable only when the company goes into liquidation.
Hope it helps you out ^_^
《 ANSWER 》
Irredimable debentures are those debentures which are not repayable but they can be repayable only when the company goes into liquidation.
Hope it helps you out ^_^
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0
Answer :-
=) Irredeemable debentures are those which don't have any specific redeemable date or any specific time period .
Irredeemable Debenture are unbound . As irredeemable Debenture has no liens on the particular resources, there is no particular security given to it. Irredeemable Debenture is anchored by property which isn't vowed anyplace. Irredeemable Debenture has no settled date of recovery too which makes it somewhat unpredictable. Irredeemable Debenture is a debenture which isn't paid amid the season of an organization.
=) Irredeemable debentures are those which don't have any specific redeemable date or any specific time period .
Irredeemable Debenture are unbound . As irredeemable Debenture has no liens on the particular resources, there is no particular security given to it. Irredeemable Debenture is anchored by property which isn't vowed anyplace. Irredeemable Debenture has no settled date of recovery too which makes it somewhat unpredictable. Irredeemable Debenture is a debenture which isn't paid amid the season of an organization.
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