CUET Preparation Today
| 'The procedure for the issue of debentures is the same as that for the issue of.............' |
Shares Mutual funds Treasury bills Derivatives |
| Shares |
| The procedure for the issue of debentures is the same as that for the issue of shares. The intending investors apply for debentures on the basis of the prospectus issued by the company. The company may either ask for the entire amount to be paid on application or by means of instalments on application, on allotment and on various calls. |
