Practicing Success
What is the method of transferring registered debentures? |
By executing a regular transfer deed By delivering the debenture certificate By notifying the company's board of directors By endorsing the debenture certificate |
By executing a regular transfer deed |
The correct answer is option 1- By executing a regular transfer deed. 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. |