English

Explain the following term/concept in detail: Registered Debentures

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Question

Explain the following term/concept in detail:

Registered Debentures

Short/Brief Note
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Solution

Registered debentures are those debentures on which the names of holders are recorded. A company maintains ‘Register of Debentureholders’ in which the name, address and particulars of holdings of debenture holders are entered. The transfer of registered debentures requires the execution of a regular transfer deed.

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