A company cannot issue which of the following?

The correct answer is option 2- Debentures with Voting Rights.

Companies do not issue debentures with voting rights. Debentures are considered a form of debt financing, and their holders are creditors of the company, not equity shareholders. Voting rights are usually associated with ownership of common stock or equity shares in a company. Debenture holders are entitled to receive periodic interest payments and repayment of the principal amount at maturity. They do not have a direct say in the management or decision-making process of the company, such as voting in shareholder meetings.

 

OTHER OPTIONS

• Irredeemable Debentures: These are debentures that are not redeemable during the lifetime of the company but can be issued, subject to certain conditions and regulations.

• Debentures at Premium: Issuing debentures at a premium is permissible. Companies can issue debentures at a price higher than their face value.

• Debentures at Discount: Debentures can also be issued at a discount, subject to regulatory provisions and guidelines.