Sec. 299


This query is : Resolved 

04 January 2011 Sec. 299 is it applicable in Private Co. as well as Public Co.

04 January 2011 yes

04 January 2011 Thank u Sir,

Can a private co. issue debenture?

An unlisted co. which is desire to make public deposit or issue debenture more than 50 person but Co. is not listed in Stock Exchange & not wnat to be registered as a listed co.


How is it possible for an unlisted co. issue debenture or public deposit more than 50 without registered as a listed co.

Plz suggest me, whats procedure for that?

Thanx & Regards,
Shweta Shrama


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