Debentures issued for consideration other than cash includes, debentures :
(A) Issued to bank as additional security
(B) Issued to vendor
(C) Issued to Public
(D) Issued to creditor
(E) Issued for cash
Choose the correct answer from the options given below :
Debentures issued for consideration other than cash includes, debentures :
(A) Issued to bank as additional security
(B) Issued to vendor
(C) Issued to Public
(D) Issued to creditor
(E) Issued for cash
Choose the correct answer from the options given below :
Solution
✅ Correct Option: 2
Debentures issued for consideration other than cash include those issued to banks as additional/collateral security (A), to vendors for asset purchase (B), and to creditors for debt settlement (D). Issue to public and issue for cash both involve cash consideration. Hence (A), (B) and (D) only.
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