1. Nitin Krish
  2. Questions
  3. Friday, 05 February 2021
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I want to tell you about debentures. what is a debenture in accounting) will come to mind, but they also mean lots of things. There are very few definitions out there that specifically define them as such: A debentures or currency includes all obligations and interests received by the issuer from persons holding it without express written consent; however if an interest must be paid before payment can take place then this obligation may not be deemed to be owed unless notice was given orally under penalty either expressly prior thereto [i] or otherwise upon sufficient evidence on oath made available during hearing after investigation through submission of supporting documents.
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