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Question -

What is meant by an тАШIrredeemable DebentureтАЩ?



Answer -

Debentures that are not redeemable by a company during its life time are called irredeemable debentures. These debentures are only payable at the time of winding up of the company. Also called as perpetual debentures because of indefinite life span. These type of debentures are not issued in India.

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