afc41a04_n_Equity_Shares_and_Debentures__Equity_Shares
[0] 3. Repayment [Debentures] The amount of debentures is paid back to debenture-holders after a fixed time. [Equity Shares] 
Equity shares capital is not to be returned back except in the case of liquidation.
Major Difference between Equity Shares and Debentures
Equity Shares