CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Business Studies

Dematerialisation and Depository

Usually, no r...

Question

Usually, no record of _______ debentures is kept in the register of debenture-holders.

A

Simple

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Bearer

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

C

Convertible

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Registered

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B Bearer

Bearer debentures-

Bearer debentures are those debentures which are payable to the bearer (person holding it).

Generally, the name of bearer does not appear in the record/ register containing names of debenture holders because these debentures are easily transferable from one person to another like negotiable instrument (cheque).

These debentures are transferred by mere delivery.

Suggest Corrections

thumbs-up

0

Similar questions

Q. The debentures which are duly recorded in the register of debenture holders maintained by the company and which can be transferred only through a regular instrument of transfer are called as _________ debentures.

Q. When debentures are repaid ___ a/c is debited and ___ is credited.

Q. A debenture holder is entitled to .

Q. Select most appropriate alternative from those given below :

The interest on debentures is transferred to __________.
a) Debentures A/c
b) Profit of Loss A/c
c) Balance Sheet
d) Debenture holders A/c

Q. Which of the following statement is true?
a. A debenture holder is an owner of the company.
b. A debenture holder can get his money back only on the liquidation of the company.
c. A debenture issued at a discount can be redeemed at a premium.
d. A debenture holder receives interest only in the event of profit.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Dematerialisation and Depository

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Dematerialisation and Depository

Standard XII Business Studies

Join BYJU'S Learning Program

CrossIcon