Which of the following statements is/are correct, with respect to debenture holder and equity share holder?

  1. Equity shares are a part of share capital whereas debenture is a part of loan
  2. Equity share holder possess ownership rights in the company whereas debenture holders do not possess ownership rights
  3. At the time of liquidation, debenture holders are given preferences over equity holders

Select the correct option from the codes given below:

Answer: [D] 1, 2 & 3

All are correct statements. 

This question is a part of GKToday's Integrated IAS General Studies Module