Subject:
Business StudiesAuthor:
pablo20Created:
1 year agoAnswer:
a) Yes, Company can issue convertible debenture, after the completion of a per decided period debenture changed into Share but they lose their control on the company as the number of shareholders increased.
b) Yes, but irredeemable debenture can't be redeemed it is only redeemed at the time of winding up.
c) Debenture holder does not have any voting right.
Author:
otofletcher
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