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Question
The debentures whose principal amount is not repayable by the company during its lifetime, but the payment is made only at the time of Liquidation of the company, such debentures are called ______.
Options
Bearer Debentures
Redeemable Debentures
Irredeemable Debentures
Non-Convertible Debentures
MCQ
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Solution
The debentures whose principal amount is not repayable by the company during its lifetime, but the payment is made only at the time of Liquidation of the company, such debentures are called irredeemable debentures.
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