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Types of Debentures

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 unsecured creditors. Secured Debentures: These Debentures are secured […]