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Can a company get loan as a debenture

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(Querist)
09 February 2023 can a company get loan as a debentures from public. what is difference between shares and debentures.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
09 February 2023 Yes, in case of public limited company.
Debentures are redeemable or convertible as shares and fixed interest payable.
On shares only dividend payable based on companies earning.

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