In the event of liquidation of the company the debenture holders have a prior right for a) interest b) principal - Accountancy - Issue and Redemption of Debentures

Question

In the event of liquidation of the company the debenture holders
have a prior right for a) interest b) principal amount c)both
(a)and (b) d)none of these

Shruti Mishra · Accepted Answer

Dear Student, In the event of liquidation of the company the
debenture holders have a prior right for both interest and
principal amount Therefore, correct option is Option C Regards

In the event of liquidation of the company the debenture holders have a prior right for a) interest b) principal amount c)both (a)and (b) d)none of these