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Is the company issue debentures as collateral security to bank if yes , then if the company is not be able to repay the loan raise then the debentures will be issued by the company to public for raise its amount to repay loan or the bank will issue to cover it's given loan ?? I've doubt clear it plz?
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Is the company issue debentures as collateral security to bank if yes ...
Collateral security means secondary security in addition to the principal security. in case the full amount of debt is not realised from the principle security, then the bank may claim all the rights of a debenture holder. means company will issue its debenture to the bank and will make them debentureholder and will pay interest on the principal loan amount.
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Is the company issue debentures as collateral security to bank if yes , then if the company is not be able to repay the loan raise then the debentures will be issued by the company to public for raise its amount to repay loan or the bank will issue to cover it's given loan ?? I've doubt clear it plz?
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Is the company issue debentures as collateral security to bank if yes , then if the company is not be able to repay the loan raise then the debentures will be issued by the company to public for raise its amount to repay loan or the bank will issue to cover it's given loan ?? I've doubt clear it plz? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Is the company issue debentures as collateral security to bank if yes , then if the company is not be able to repay the loan raise then the debentures will be issued by the company to public for raise its amount to repay loan or the bank will issue to cover it's given loan ?? I've doubt clear it plz? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Is the company issue debentures as collateral security to bank if yes , then if the company is not be able to repay the loan raise then the debentures will be issued by the company to public for raise its amount to repay loan or the bank will issue to cover it's given loan ?? I've doubt clear it plz?.
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