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Debenture Redemption Reserve

What is meant...

Question

What is meant by a 'Irredeemable Debenture'?

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Solution

Irredeemable Debentures are those debentures which may not be redeemed during the life of a Company. They can only be paid off in the event of winding up of the Company. The holder of such debenture will enjoy interest on these debentures throughout the life of the company. Now-a-days no company issue irredeemable debentures.

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Q. Objective type questions.
Answer in are sentence only.

What is meant by ‘Irredeemable Debentures?

Q. Irredeemable debentures are also known as ________ debentures.

Q. Debentures can be_____.
a. Mortgage Debenture or Simple Debenture.
b. Registered Debenture or Bearer Debenture.
c. Redeemable Debenture or Irredeemable Debenture.
d. Convertible Debenture or Non-convertible Debenture

Q. Which of the following are the debentures from the point of tenure?
a. Unsecured debenture.
b. Redeemable debenture.
c. Irredeemable debenture.
d. Secured debenture

What is 'meant by a Debenture?

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