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Debenture issued as collateral security

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Debenture issued as collateral security

    • Posted by Niranjan Jha 4 years, 9 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Rahul Yadav 4 years, 9 months ago

    And it is not a issue of debentues it is just taken for future uncertainity in case the creditor don not pay the money so for that suspense account is open

    2Thank You

    Palak Suri 4 years, 9 months ago

    A company’s debentures issued as collateral security is a secondary security for the original loan taken. Collateral security is the addutional security given for a loan

    0Thank You

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