CUET Preparation Today
Which of the following is incorrect in respect of the unsecured debentures? |
Unsecured debentures do not have a specific charge on the assets of the company. A floating charge may be created on these debentures by default. Normally, these kinds of debentures are not issued None of the above |
None of the above |
The correct answer is option 4- None of the above None of the given statements are incorrect. NCERT : "Unsecured Debentures: Unsecured debentures do not have a specific charge on the assets of the company. However, a floating charge may be created on these debentures by default. Normally, these kinds of debentures are not issued." |
