Accountancy Part AIssue and Redemption of Debentures

What are the different types of debentures from the view point of reg…

What are the different types of debentures from the view point of registration?

A. Convertible
B. Bearer
C. Redeemable
D. Secured
E. Registered

Choose the correct answer from the options given below:

Answer & explanation

Correct answer: option 3

The correct answer is Option (3) → B & E only

From the point of view of registration, debentures are either registered (E), whose holders’ details are kept in the company’s register, or bearer (B), which pass by mere delivery.

(A) Convertible is a class by mode of redemption.
(C) Redeemable is a class by tenure.
(D) Secured is a class by security.

NCERT (2026-27 edition):
From the view Point of Registration – “Registered Debentures: 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. Bearer Debentures: Bearer debentures are the debentures which can be transferred by way of delivery and the company does not keep any record of the debentures Interest on debentures is paid to a person who produces the interest coupon attached to such debentures.”

NCERT (2026-27 edition):
Types of Debenture/Bond

Extract from the NCERT textbook