DEBENTURES

Features of Debentures

The important features of debentures are as follows:

  • Debenture holders are the creditors of the company carrying a fixed rate of interest.

Advertisements:

  • Debenture is redeemed after a fixed period of time.
  • Debentures may be either secured or unsecured.
  • Interest payable on a debenture is a charge against profit and hence it is a tax deductible expenditure.
  • Debenture holders do not enjoy any voting right.

Copyright © 2024 Design and developed by Fintso. All Rights Reserved