Debentures Quiz

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ProdigiousWonder
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What is a debenture as per the Companies Act, 2013?

A type of long-term borrowing instrument issued by a company

What is the nature of debenture holders' claim on the company's assets?

They have a claim on the company's assets

What does a company promise to debenture holders?

To pay back a specific amount of money at a fixed interest rate on a predetermined date

Test your knowledge of debentures with this quiz! Explore the features, types, and characteristics of debentures as long-term borrowing instruments issued by companies. Gain insights into the rights and roles of debenture holders and their claims on company assets.

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