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Answer Posted / rohini
Debentures is issued by the company and is in the form of a
certificate of indebtedness.It usually specifies the date
of redemption. It also provides for the repayment of
principal and interest at specified date and rates.It
generally creates a charge on the undertaking or
undertakings of the company.
| Is This Answer Correct ? | 21 Yes | 5 No |
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