Can a company purchase its own debentures? If so, for what purposes?

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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

ISBN: 9789352605569

2nd Edition

Authors: M Hanif, A Mukherjee

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Question Posted: Aug 17, 2023 02:53 PM

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Can a company purchase its own debentures? If so, for what purposes?

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Yes a company can purchase its own debentures and this process is known as redemption of debentures When a company purchases its own debentures it eff...View the full answer

Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

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