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ॠगाऊनी UPSC/GPSC भुખ्य परीकामां पूछायेसा वर्शुनात्मड य्रकोो કરशय..(UPSC-2017) થયો. ' ચર્ચા કરો. (GPSC પોલીસ ઈન્સ્પેક્ટર, 2020)

ॠगाऊनी UPSC/GPSC भुખ्य परीकामां पूछायेसा वर्शुनात्मड य्रकोो કરशय..(UPS
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9.4/ Accountancy-XII Thus a debentures signifies the smallest equal unit of the loan obtained by a company against certificate. Debenture holders are creditors of company. Interest is can borrow soon after its incorporation but a public limited company cannot bomow before it receives the certificate of commencement of business. 9.3 Objectives of issuing Debentures According to the guide lines issued by Security Exchange Board of India (SEBI) company can issue the debentures for the following objectives - (i) For meeting expenditure on modernisation of plant. (ii) For expansion and diversification of plant. (iii) For meeting long term requirement of working capital. (iv) For setting up new projects. Characteristics of Debentures The foregoing discussion reveals the following characteristics of DebentureDocument- Debenture is a document issued to the subscriber who has advanced funds to the company. Characteristics of Debentures 2. Returnable- After the expiry of stipulated period, the principal is returned to the subscriber. 3. Issue by Comapny-Debenture is issured under the Common Seal of company. 4. Priority in Payment is enjoyed by a debenture holder in case the company is liquidated. 5. Regular Interest- A debenture holder gets interest regularly at an agreed rate irrespective of the fact that the company is eaming profit or is suffering from loss. Document Returnable Pssue by Company Priority in Payment Prescribed Limit Interest Different Kinds Different Issue Procedure of issue is like shares. Interest Rate No participation in management 7. Prescribed prescribed Association company. 9. Issue Price- Debentures can be issued at par, at premium or at
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ॠगाऊनी UPSC/GPSC भुખ्य परीकामां पूछायेसा वर्शुनात्मड य्रकोो કરशय..(UPSC-2017) થયો. ' ચર્ચા કરો. (GPSC પોલીસ ઈન્સ્પેક્ટર, 2020)
Updated OnNov 6, 2022
TopicMathematics
SubjectIBPS
ClassClass 10
Answer Type Video solution: 1
Upvotes107
Avg. Video Duration5 min