Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Issue and Redemption of Debentures

Question:
.......................... are those debentures in respect of which all details including names, addresses and particulars of holding of the debenture holders are entered in a register kept by the company.
Options:
Registered debentures
Bearer Debentures
Fully convertible debenture
Partly convertible debenture
Correct Answer:
Registered debentures
Explanation:
Registered debentures are those debentures in respect of which all details including names, addresses and particulars of holding of the debentureholders are entered in a register kept by the company. Such debentures can be transferred only by executing a regular transfer deed.