Economics · Corporate Finance
How is the ownership and transfer of a 'Bearer Debenture' executed?
- 1Mere physical delivery of the debenture instrument, without requiring formal registration✓
- 2Through a registered transfer deed approved by the company's board
- 3Exclusively via a central bank demat settlement instruction
- 4By modifying the articles of association of the issuing enterprise
Correct answer
Mere physical delivery of the debenture instrument, without requiring formal registration
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