[UPSC Prelims PYQ 2003] Debenture holders of a company are its
Debenture holders of a company are its
- Shareholders
- Creditors
- Debtors
- Directors
Explanation
- Debenture holders are the creditors of a company because debentures represent borrowed capital. Unlike shareholders, they do not own the company but lend money to it and receive fixed interest in return.
Answer: (b) Creditors
