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[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

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