Can a closely held company issue bond

This query is : Resolved 

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

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.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Follow us


Answer Query