NISM Series 7 Securities Operations & Risk Management | NISM VII Course | NISM SORM Course - What is a Debenture ? Features & Types of Debentures Explained

Debentures - According to Section 2(30) of the Companies Act, 2013 Issued as a certificate of indebtedness. Indicates the date of redemption , the repayment of principal and interest Creates a charge on company assets No voting rights Interest payment irrespective of profitability of the company unsecured Debentures Secured debentures Redeemable debentures Perpetual debentures Bearer debentures Registered debentures Based on convertibility, debentures can be classified under three categories: Fully Convertible Debentures (FCDs) Non Convertible Debentures (NCDs) Partly Convertible Debentures (PCDs) NISM Mock Tests - https://modelexam.in/nism-exams/nism-mock-test.html NISM Study Material - https://modelexam.in/nism-exams/nism-study-material.html NISM 7 SORM Exam Preparation - https://modelexam.in/nism-exams/nism-series-7-sorm.html NISM 15 Research Analyst Exam Preparation - https://modelexam.in/nism-exams/NISM_Research_Analyst.html Financial Planning Mock Tests - https://modelexam.in/financial-planning/fp-mock-test.html