Debenture Capital in Joint Stock Companies
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Questions and Answers

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?

<p>To issue convertible debentures, a Special Resolution has to be passed in the General Meeting.</p> Signup and view all the answers

Are all debentures redeemable?

<p>Yes, all debentures are redeemable in nature.</p> Signup and view all the answers

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