Perpetual debentures are payable at the time of liquidation of the company. [June 2023, 2 Marks]
Options
A
B
C
D
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Company AccountsQ-5 | Issue of DebenturesQuestion 4904 of 112
All Questions Correct Answer
✅ Option — Correct Option
All Options:
- A
- B
- C
- D
Detailed Solution & Explanation
True: Perpetual debentures are also known as irredeemable debentures. These are not
repayable during the life time of the company. They are payable only at the time of
liquidation of the company.
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