Question:medium

Which of the following is not a characteristic of Bearer Debenture? 
 

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Bearer Debentures are like "Cash" (No records). Registered Debentures are like "Property" (Official records/deeds required).
Updated On: May 12, 2026
  • They are treated as negotiable instruments.
  • Their transfer requires a deed of transfer.
  • They are transferable by mere delivery.
  • The interest on it is paid to the holder irrespective of identity.
Show Solution

The Correct Option is B

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