Which of the following statements is false?

At maturity, the debenture holder gets back their money Debentures are shown as long-term borrowings Interest on debentures is a charge against profits Debentures can be forfeited for non-payment of call money

Debentures can be forfeited for non-payment of call money

Debenture is a loan to company and its face value will be higher moreover it carries fixed interest which is charge against profits, so there is no chance from the side of debenture holder for non payment of calls after repeated notices from the company it cannot forfeit a debenture and treat it as a capital profit because they are not owners.