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Question
Debentures that do not carry any charge or security on assets of the company are known as ______
Options
Secured Debentures
Unsecured Debentures
Convertible Debentures
Registered Debentures
MCQ
Fill in the Blanks
Solution
Debentures that do not carry any charge or security on assets of the company are known as Unsecured Debentures.
Explanation:
Unsecured debentures are debentures that bear no charge or security on the company's assets. Naked debentures are another name for them.
shaalaa.com
Disclosure of Debentures in the Company’s Balance Sheet
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