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Question
What is ‘Registered Debenture’?
Short Answer
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Solution
Registered Debentures are those that are registered in the name of the holder in the company’s books. The transfer of such debentures requires the proper execution of a transfer deed and the registration of the new holder’s name with the company. In this case, the interest and repayment are made only to the person whose name appears in the register of debenture holders maintained by the company.
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