Debt Instruments

Types of Debentures

May 5, 2015

There are several types of debentures on the basis of security, performance, priority, convertibility and Records. On the basis of security Naked Debentures: These Debentures are not secured against any assets of the Company. In case of winding of the company, debentures holders holding unsecured debentures treated as...

Debenture: Meaning, Types and Salient Features

May 5, 2015

A debenture is one of the capital market instruments which is used to raise medium or long term funds from public. A debenture is essentially a debt instrument that acknowledges a loan to the company and is executed under the common seal of the company. The debenture...