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          Debenture definition clarifies that instruments evidencing company debt are included, with specified banking-issued instruments excluded. Debenture includes debenture stock, bonds or any other company instrument evidencing a debt, whether or not constituting a charge on assets, but excludes instruments specified under the relevant banking statute chapter and other instruments prescribed by the Central Government in consultation with the banking regulator.
                            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                              Provisions expressly mentioned in the judgment/order text.

                                  Debenture definition clarifies that instruments evidencing company debt are included, with specified banking-issued instruments excluded.

                                  Debenture includes debenture stock, bonds or any other company instrument evidencing a debt, whether or not constituting a charge on assets, but excludes instruments specified under the relevant banking statute chapter and other instruments prescribed by the Central Government in consultation with the banking regulator.


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