Debentures

Instruments acknowledging debt issued by a company under Section 2(30) of Companies Act 2013, which may or may not be secured by company assets. Types include convertible, non-convertible, secured, and unsecured debentures.

Debentures is governed by the Ministry of Corporate Affairs under the Companies Act, 2013. Understanding this concept is essential for ensuring regulatory compliance, avoiding penalties, and making informed corporate decisions in India.

Debentures is relevant for company secretaries, compliance officers, chartered accountants, corporate lawyers, board members, and all professionals dealing with MCA regulatory matters in India.