Which of the following statements is false :

A company can issue redeemable debentures

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A company can issue debentures with voting rights

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A company can issue convertible debentures

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A company can buy its own debentures and shares

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Solution

The correct option is B
A company can issue debentures with voting rights

A company can redeem its debentures.

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Similar questions

Debentures of a company can be issued :

Q. A company can raise funds through issue of debentures, which bear a ________ rate of interest.

Q. If a company issues new share capital to redeem debentures, then ____________.

On 1^st Aril, 2017, Jumbo Ltd. issued 10,000; 12% debentures of Rs. 100 each a discount of 20%, redeemable after 5 years. The company decided to write-off discount on issue of such debentures over the life time of the Debentures. Show the items in the balance sheet of the company immediately after the issue of these debentures.

Q. On April 01, 2014, a company made an issue of 5,000, 8% debentures of Rs 100 each at Rs 94 per debentures. The terms of issue provided for the redemption of 1,000 debenture every year starting from March 31, 2016 either by purchase from open market or by converting them into Equity shares of Rs 10 each at a premium of Rs 2.50 per share. On March 31, 2016, the company redeemed 1,000 debentures by converting them into equity shares. Give the necessary journal entries.

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Which of the following statements is false :

The correct option is B A company can issue debentures with voting rights A company can redeem its debentures.

The correct option is B
A company can issue debentures with voting rights

A company can redeem its debentures.