Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Issue and Redemption of Debentures

Question:
Which type of debentures can be transferred only by executing a regular transfer deed?
Options:
Convertible Debentures
Zero Coupon Rate Debentures
Bearer Debentures
Registered Debentures
Correct Answer:
Registered Debentures
Explanation:
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.