GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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shareholders
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creditors
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debtors
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directors
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Detailed explanation-1: -Debenture holders are merely lenders to the company and are considered to be creditors. Shareholders actively participate in the decision making process of the company. Debenture holders cannot participate in the decision making process.
Detailed explanation-2: -They are the persons or firms who purchase the debentures of other company. They are not concerned with the management and regulation of the company. Debentures are usually secured and carry a charge on the assets of the company, hence, debenture holders are the secured creditors of the company.
Detailed explanation-3: -(5) The real owner of the company is the equity shareholder. Equity shareholders are risk bearers of the company and they are having the voting rights and taking participation in management of the company. Hence Debenture holders are not the owners of the company.