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Which of the following is false with respect to debentures?
  • a)
    Companies can issue irredeemable debentures
  • b)
    Companies can issue debentures with voting rights
  • c)
    Companies can issue debentures for consideration other than cash
  • d)
    Companies can issue convertible debentures
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Which of the following is false with respect to debentures?a)Companies...
According to companies act 2013 sec 179 (3) ..company cannot issues any kind of debenture carrying voting right
where as there is no restrictions on issue of irredeemable debenture in companies act and comany can issue convertible debenture and for consideration othere than cash ie by offering them share or replace new debenture with old ..
hence option be is correct answer .
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Which of the following is false with respect to debentures?a)Companies can issue irredeemable debenturesb)Companies can issue debentures with voting rightsc)Companies can issue debentures for consideration other than cashd)Companies can issue convertible debenturesCorrect answer is option 'B'. Can you explain this answer?
Question Description
Which of the following is false with respect to debentures?a)Companies can issue irredeemable debenturesb)Companies can issue debentures with voting rightsc)Companies can issue debentures for consideration other than cashd)Companies can issue convertible debenturesCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Which of the following is false with respect to debentures?a)Companies can issue irredeemable debenturesb)Companies can issue debentures with voting rightsc)Companies can issue debentures for consideration other than cashd)Companies can issue convertible debenturesCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is false with respect to debentures?a)Companies can issue irredeemable debenturesb)Companies can issue debentures with voting rightsc)Companies can issue debentures for consideration other than cashd)Companies can issue convertible debenturesCorrect answer is option 'B'. Can you explain this answer?.
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