Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Issue and Redemption of Debentures

Question:

What is the method of transferring registered debentures?

Options:

By executing a regular transfer deed

By delivering the debenture certificate

By notifying the company's board of directors

By endorsing the debenture certificate

Correct Answer:

By executing a regular transfer deed

Explanation:

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.