Debenture issue by Private Company

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 February 2011 Dear all

Can anyone please guide if we need to report to ROC for issue of debenture by private company?

Also, can a compulsory convertible debenture be partly redeemed by any means?

28 February 2011 Yes, you need to inform to ROC in Form No. 10.

Form 10 is to be filed only when a company issues a “Series of Debentures” containing any pari passu charge to the benefit of the debenture holders of that series.

Form 2 - `Return of Allotment’ being a requirement under Section 75 of the Companies Act is limited to allotment of shares and it does not in its scope cover Allotment of Debentures.


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