Doubts

SOLUTION Non-Convertible debentures are the debentures which are not convertible into shares or other securities of the company.

SOLUTION Convertible debentures are those debentures which are convertible into equity shares or other securities at a stated rate of exchange either at the option of debentureholders or at the…

SOLUTION Irredeemable debentures are those debentures which are not repayable by the Company during its lifetime. These debentures are repayable only at the time of liquidation of the Company.

SOLUTION Redeemable debentures are those debentures which will be repaid by the Company at the end of a specified period or by instalments during the lifetime of the Company. Most…

SOLUTION Names and addresses of the holders of such debentures are not recorded in the Company and these debentures are transferable by mere delivery. Coupons are attached with these debentures…

SOLUTION Such debentures are not freely transferable. The Transfer of such debentures requires the execution of a proper transfer deed. Principal amount and interest on such a debenture is paid…

SOLUTION These debentures are those which are not given any security. The holders of such debentures are treated as unsecured creditors at the time of liquidation of the Company.

SOLUTION These debentures are those which are secured either on particular assets all assets of the Company in general. If the Company is unable to repay the debentures on the…

SOLUTION (i) Convertible Debentures, (ii) Non-Convertible Debentures.