distinguished between deposit & debentures
SHAILESH CHUDASAMA (18 Points)
18 February 2018
distinguished between deposit & debentures
1 Replies
Chirag
(Professional)
(1979 Points)
Replied 22 February 2018
Both are debt in relation to company ,may be secured or unsecured ,But one major diifernce is about transferability ,If you refer sec.44 it clearly states that "Shares & Debentures are moveable property transferable as per provisions of AOA " It's not in the case of Deposits..
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