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_________ refer to the units into which the total share capital of a company is divided, and _____________includes Bonds and any other securities of a company whether constituting a charge on the assets of the company or not.

Solution

✅ Correct Option: 2

A share is a unit into which total share capital is divided. Debenture, as defined in the Companies Act, includes debenture stock, bonds and any other securities of a company, whether or not they create a charge on its assets.

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