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Issue of debuntures

Accountancy

Please explain below para

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siva chaitanya

siva chaitanya

CA Final

8K+

21-Mar-21 00:44

284

Answers (4)

Debenture is a document which acts as a proof to loan given to a company and debenture holders are not owners of the company. The interest paid on debenture is prefixed regardless of the level of profit .example 9% debentures the loan given i.e. debenture amount is repaid after specific period of time or the debentures can be converted into shares that i.e convertible debentures The company's asset may or may not act as security for the loan given by debenture holder.


Gauri Shete

Gauri Shete

CA Final

4K+

21-Mar-21 09:56

Here what is trust deed


Thread Starter

siva chaitanya

siva chaitanya

CA Final

8K+

22-Mar-21 16:15

Thread Starter

siva chaitanya

Here what is trust deed

The document created by the company, whereby trustees are appointed to protect the interest of debenture holders before they are offered for public subscription is known as Debenture Trust Deed.


ruchi lahoti

ruchi lahoti

CA Inter

27K+

23-Mar-21 10:40

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