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Compare Registered vs. Bearer debentures.
Registered debentures are recorded in the company’s debenture-holders’ register with full details of every debenture holder. Registered debentures are not negotiable. These can not be transferred to other person unless the regular instrument of transfer is sanctioned by the directors of the company. These are not transferable by mere delivery.
Bearer debentures are not recorded in the company’s debenture-holders’ register. Bearer debentures are negotiable. They can be transferred by mere delivery and registration of transfer is not necessary.
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