CUET Accountancy - Convertible debentures cannot be issued at a discount if: | PYQs + Solutions

CUET Accountancy 2025 15 May Shift 2

Company Accounts

Medium

They are not to be immediately converted

They are to be immediately converted

Shareholder opts for redemption in cash

Not recited approval from SEBI

✅ Correct Option: 2

Related questions:

26 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Debenture of Rs 100 issued at Rs 110.	(I) Debenture as collateral security.
(B) Debenture of Rs 100 issued at Rs 100.	(II) Debenture issued at Premium
(C) Debenture of Rs 100 issued at Rs 90.	(III) Debenture issued at par.
(D) Debenture issued to the lender in addition to some other assets already pledged.	(IV) Debenture issued at Discount.

Choose the correct answer from the options given below:

14 May Shift 2

How many debentures would be issued, if debentures were issued at par?

31 May Shift 1

Which of the following is true about debentures-

(A) Debenture is a part of owned capital.

(B) The payment of interest on debentures is a charge on the profits of the company.

(D) Redeemable debentures are those debentures which are payable on the expiry of the specific period.

Choose the correct answer from the options given below:

CUET Accountancy 2025 15 May Shift 2 PYQs