Practicing Success
Practicing Success
CUET Preparation Today
| Which of the following statements is true? |
A debenture holder can receive back money only on liquidation A debenture holder receives interest only in case there are profits Both 1 and 2 None of 1 and 2 |
| None of 1 and 2 |
| A debenture holder receives his money back after the period of expiry for which the debentures were issued. An interest on debenture is a charge on profit and hence the debenture holder will receive interest even if there is no profits. Hence, both 1 and 2 are wrong. |
