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easyMCQCUET Accountancy2026Accountancy
1 mark

According to section _______ of The Companies Act, 2013 'Debenture' includes debenture stock, bonds and any other securities of a company whether constituting a charge on the assets of the company or not.

  1. A
    2(3)
  2. B
    3(2)
  3. C
    30(2)
  4. D
    2(30)

Solution & Step-by-step Explanation

Section 2(30) of the Companies Act, 2013 explicitly defines the term "debenture" to include debenture stock, bonds, and any other debt securities of a company, whether or not they create a legal charge on the assets of the company.

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According to section _______ of The Companies Act, 2013 'Debenture' includes debenture stock, bonds and any other securities of a company whether constituting a charge on the assets of the company or not.
A
2(3)
B
3(2)
C
30(2)
D
2(30)

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