Issue of Debentures — Secretarial Practice STD 12 Commerce / Arts — Question
Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsSecretarial PracticeIssue of Debentures2 Marks
Question
Debenture
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Answer
The company raises capital by borrowing money from the public or its members. It is a proof of loan taken by the company. A person who purchases debenture is called a debenture holder. Interest is paid to the debenture holders.
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