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Correspondence with Debentureholders — Secretarial Practice STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsSecretarial PracticeCorrespondence with Debentureholders2 Marks
Question
Redemption of Debentures
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Answer

  • Redemption means repayment.
  • Debenture represents borrowed capital of the company and hence, it has to be repaid.
  • Redeemable Debentures are repaid at the time of maturity. It is medium-term capital.

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