The following are the features of Debentures:
(A) The payment of interest is a charge on profits and is to be paid even if there is no profit.
(B) The debentures, which are issued for a specified period are repayable on the expiry of that period.
(C) If the debentures are generally secured, they carry a fixed or floating charge over the assets of the company.
(D) Debentures can not be converted into shares in any case.
Choose the correct answer from the options given below:
Held on 3 Jun 2025 · Verified 13 Jul 2026.
(A), (B) and (D) only
(A), (B) and (C) only
(A), (B), (C) and (D)
(B), (C) and (D) only
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