Dear Members,
Can anyone please guide/provide details on Issue of Optionally Convertible Bonds by a Pvt Ltd. Company
Thanks
Pallavi
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Bond issue by private company
Replies (1)
Dear Pallavi,
Section 3(1)(iii)(d) of companies act read with rule 2(b)(X) of Companies (Acceptence of Deposit)Rules, 1975 facilitates private companies to issue optionally convertible bonds mortgaged by immovable property.
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