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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 - Secretarial Practice

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Question

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

MCQ
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Solution

A company issuing Secured debenture must create a charge on the assets of the company

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Provisions for Issue of Debentures as per Companies (Share Capital and Debentures) Rule 2014
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Chapter 4: Issue of Debentures - Exercises [Page 76]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 4 Issue of Debentures
Exercises | Q 1. A) 6. | Page 76
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