Own debentures are those debentures of the company which: [1]
A. the company allots to its own promoters.
B. the company allots to its directors.
C. the company purchases from the market and keeps them as investments.
D. the company gives to vendor as purchase consideration.
Answer:C
Own debentures are those debentures of the company which: [1]
A. the company allots to its own promoters. B. the company allots to its directors. C. the company purchases from the market and keeps them as investments. D. the company gives to vendor as purchase consideration.