Can a closely held company issue bond
This query is : Resolved
CA Neeraj Kumar
(Querist)
03 July 2013
can a public unlisted co. issue bond with option to convert it into equity share.
If yes what are the condition, and under which section of company law.
what is the meaning of Bond in company law
If yes what are the condition, and under which section of company law.
what is the meaning of Bond in company law
Ajay Mishra
(Expert)
03 July 2013
Hi
I will suggest you to read sub-section (1A) of section 81 of the Companies Act, 1956 read with Unlisted Public Companies (Preferential Allotment) Rules, 2003. It will help you.
I will suggest you to read sub-section (1A) of section 81 of the Companies Act, 1956 read with Unlisted Public Companies (Preferential Allotment) Rules, 2003. It will help you.
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