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On the basis of transferability, debentures can be classified as registered and unregistered debentures. Unregistered debentures (or bearer debentures) are freely negotiable and can be transferred by a simple endorsement. On the other hand, registered debentures can be transferred only by executing a transfer deed and filing a copy of it with the company. The registered debenture holders receive interest cheques automatically from the company whereas interest is paid on bearer debentures only on presentation.
The following guidelines are applicable for the issue of Fully Convertible Debentures (FCDs), Partly Convertible Debentures (PCDs) and Non-conve
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What is the explanation for leaset cost selection
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