Practicing Success
Practicing Success
CUET Preparation Today
| What are Own debentures of the company? |
The company allots to its own promotors The company allots to its directors The company purchases from the markets for cancellation None of the above |
| The company purchases from the markets for cancellation |
| When a company purchases its own debentures for the purposes of cancellation, such an act of purchasing and cancelling the debentures constitutes redemption of debentures by purchase in the open market. |
