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प्रश्न
Which of the following statements is false?
पर्याय
At maturity, debenture holders get back their money.
Debentures can be forfeited for non-payment of call money.
In the company’s balance sheet, debentures are shown under the head Long term Borrowings.
Interest on debentures is a charge against profits.
MCQ
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उत्तर
Debentures can be forfeited for non-payment of call money.
Explanation:
Shares can be forfeited by the firm for non-payment of call money by the shareholders. Debentures cannot be forfeited by the shareholders for non-payment of call money.
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