Question

Debentures in respect of which all details including names, addresses and particulars of holding of the debentureholders are entered in a register kept by the company are called ______.

Options

• Bearer debentures

• Redeemable debentures

• Registered debentures

• Secured debentures

Answer 1

Debentures in respect of which all details, including names, addresses, and particulars of holding of the debentureholders, are entered in a register kept by the company, are called registered debentures.

Explanation:

Registered debentures are issued in the name of the holder, whose details are entered in the company’s register, whereas bearer debentures have no ownership records maintained by the issuing company.