Which of the following is included within the definition of debenture under the Companies Act, 2013?
Under s.2(30), bonds are expressly included within the definition of debenture, unlike preference shares, equity shares, or share warrants, which are distinct instruments…
Choose your answer
Which of the following is included within the definition of debenture under the Companies Act, 2013?
Answer and explanation
Correct answer A
Under s.2(30), bonds are expressly included within the definition of debenture, unlike preference shares, equity shares, or share warrants, which are distinct instruments representing ownership rather than debt.
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