Issue of debenture
This query is : Resolved
09 August 2012
Dear All,
Can a private limited company gets its debetures listed on stck exchange, if yes? How
Also can a private limited company issue unsecured debentures and then get it listed in stock exchange?
Your view are welcome and thanks in advance!
Can a private limited company gets its debetures listed on stck exchange, if yes? How
Also can a private limited company issue unsecured debentures and then get it listed in stock exchange?
Your view are welcome and thanks in advance!
09 August 2012
Since Stock Exchange is a place where securities can be bought and sold by the public, a Pvt. Ltd. Company's securities cannot be listed on a stock exchange.
If such type of company issues unsecured debentures, it will have to follow the Companies Acceptance of Deposit Rules,1975.Further,it cannot make any invitation to the public to subscribe for its unsecured debentures.However, it can accept such type of debentures from its directors or their relatives or friends.
If such type of company issues unsecured debentures, it will have to follow the Companies Acceptance of Deposit Rules,1975.Further,it cannot make any invitation to the public to subscribe for its unsecured debentures.However, it can accept such type of debentures from its directors or their relatives or friends.
13 August 2012
Thank You Mr. Maitra.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
