LIVE GST Certification Course by CA Arun Chhajer begins 21st April. Register Now!!

debentures

Raph Ael (57 Points)

05 November 2018

can a private company issue debentures to public?

Reply
Follow
Share

2 Replies

Sanjay Goyal (9 Points)
Replied 05 November 2018

yes private company can only share can't issued to publoc

1 Like

Ankur Jalan (Article Assistant ) (345 Points)
Replied 05 November 2018

yes, there is major amendment regarding this in law also, you will see in many places they have said public listed company, there are many pvt.co.issue debentures on private placement basis and they listed on NSE, BSE...amendment in sec.149,177,178 have exempted these co.from forming Audit committee, nomination and remm committe, also not require to appoint independent directors...see they have substituted listed co. with word "listed public co."

1 Like