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Interest on debentures not paid

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student
151 Points Joined February 2015
what would happen if company fails to pay the fixed payment i.e. interest on debentures? why is it necessary to pay? what are consequences if not paid?
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On 24 February 2015 at 12:56 Report
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211 Points Joined January 2015

debenture interest is a charge on profit. hence there arises the necessity to pay debenture interest.

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On 25 February 2015 at 17:39

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