Economics · Financial Markets
How is the transfer of ownership executed in the case of a 'Bearer Debenture'?
- 1Through an endorsement on the reverse of the certificate verified by a commercial bank
- 2By obtaining prior written approval from the Securities and Exchange Board of India
- 3Through execution of a formal transfer deed registered with the Ministry of Corporate Affairs
- 4By mere physical delivery, without requiring registration of transfer with the company✓
Correct answer
By mere physical delivery, without requiring registration of transfer with the company
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