private company

In private company, Is there any restriction on total number of debenture holders?
Replies (2)
for private company there is no restriction on number of debenture holders. There can be institutional/numerous HNI's when subscribing. However the restrictions are upon a company while making a private placement - 200 in a year (excluding QIB n ESOPs). Read Section 42 of CA 2013 for the private placement restrictions.
Thank you so much.

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