5 Questions
Can debenture holders have voting rights?
No, debenture holders do not have voting rights except in matters affecting them.
What types of debentures can a company issue?
A company can issue secured or unsecured debentures, and fully or partly convertible debentures or non-convertible debentures.
What is debenture capital?
Debenture capital is the capital collected by a joint stock company through issuing debentures or borrowed capital.
What is required to issue convertible debentures?
To issue convertible debentures, a Special Resolution has to be passed in the General Meeting.
Are all debentures redeemable?
Yes, all debentures are redeemable in nature.
Test your knowledge on debenture capital and its provisions in joint stock companies with this quiz. Learn about the concept of debenture capital, its purpose, and the restrictions placed on it. Find out if debenture capital grants voting rights to shareholders and much more.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
