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प्रश्न
Distinguish between Bearer Debentures and Registered Debentures.
अंतर स्पष्ट करें
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उत्तर
| Basis | Bearer Debentures | Registered Debentures |
| Ownership | Possession = ownership. Whoever holds it is the owner. | Ownership recorded in a register of the company. |
| Transferability | Easily transferable by delivery. | Transfer requires formal procedure and registration. |
| Payment of Interest | Paid to whoever holds the debenture. | Paid to the person whose name is recorded in the register. |
| Security | Usually unsecured. | May be secured or unsecured. |
| Documentation | No records maintained. | Records maintained in the register of debenture holders. |
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