The debentures whose principal amount is not repayable by the company during its life time, but the payment is made only at the time of Liquidation of the company, such debentures are called :

Question

Quizplus · Accepted Answer

Irredeemable Debentures are those whose principal amount is not repaid during the lifetime of the company but is paid only at the time of its liquidation.

The Debentures Whose Principal Amount Is Not Repayable by the Company