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Debentures that do not carry any charge or security on assets of the company are known as ______ -

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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
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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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