Dear Sirs / Madam,
-One Private Ltd. Co. is planning for PRIVATE PLACEMENT OF Convetible Debentures.
- The probable allottees are neither Director or their relatives, nor shareholders.
- The Convertible Debentures are NOT SECURED DEBENTURES (Unsecured)
Whether these debentures will be considered as deposits under Companies (Acceptance of Deposit) Rules, 1975
Kindly guide us whether we can go ahead with the private placement
best regards
and thanking you in advace
Rajesh Pillai
CAclubindia
