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Issue of debenture

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 February 2016 Dear Sir/Madam,

If a company Issue a Unsecured Non Convertible Debentures to other company having common directors, Whether it will attract section 185 of the companies Act, 2013?
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CS Divesh Goyal

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CS Divesh Goyal (Expert)
28 February 2016 According to me issue of debenture to Company with common director doesnot attract section 185

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