What are Bearer Debentures?

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The debentures which are payable to bearer and whose names do not appear in the register of debenture holders are known as “Bearer Debentures”. Coupons for interest are attached to the document and interest is paid to the holders as it falls due. Bearer Debentures are transferably by mere delivery.

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Priya holds a masters in accounting and is well-versed with compliance and legal issues a small business may face.

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