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Issue of debentures

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(Querist)
19 August 2011 Whether reserves can be used to issue debentures?

Kindly advise.......

Urgent...



Regards,
Nidhi Thakkar
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Mohan Verma

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Mohan Verma (Expert)
19 August 2011 only out of free reserves (excluding reserves created out of revaluation)
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Nidhi Thakkar

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Nidhi Thakkar (Querist)
19 August 2011 thankzz

can you give me the procedure for the same if u have it...?
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