Which type of debentures can be transferred only by executing a regular transfer deed?

Registered Debentures

The correct answer is option 4- Registered Debentures.

Registered debentures are those debentures in respect of which all details including names, addresses and particulars of holding of the debentureholders are entered in a register kept by the company. Such debentures can be transferred only by executing a regular transfer deed.

OTHER OPTIONS

• Bearer Debentures: Bearer debentures can be transferred simply by delivery, and the company does not maintain any records of the debenture holders. Interest payments on bearer debentures are made to whoever presents the attached interest coupon.
• Convertible Debentures: Convertible debentures can be converted into equity shares or other securities, either at the discretion of the company or the debenture holders. These debentures can be fully or partially convertible.
• Zero Coupon Rate Debentures: Zero coupon rate debentures do not carry a specific interest rate. To compensate investors, these debentures are issued at a substantial discount, with the difference between the nominal value and the issue price representing the interest for the debenture's duration.