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MCQ
Select the correct answer from the option given below and rewrite the statement:
A company issuing ______________ debenture must create a charge on the assets of the company
Options
Secured
Unsecured
Redeemable
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Solution
A company issuing Secured debenture must create a charge on the assets of the company
Concept: Provisions for Issue of Debentures as per Companies (Share Capital and Debentures) Rule 2014
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