(ii) Select the correct statement from the following options

(a) A debenture holder is entitled to receive dividend on his debentures from the company even if the company has incurred losses.
(b) A debenture holder is.entitled to receive interest on his debentures from the company only if the company has made profits.
(c) A debenture holder is entitled to receive interest on his debentures from the company only after dividend has been paid by the company to its shareholders.
(d) A debenture holder is entitled to receive interest on his debentures from the company even if the company has incurred losses.


Solution





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