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Debenture Tenure

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(Querist)
24 May 2010 Hi,



Please inform me about the maximum period for which redeemable debentures can be issued. There should be some restriction right? I went through Companies Act and FEMA but couldn't find any precise answer !
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Rasesh

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Rasesh (Expert)
25 May 2010 To the best of my knowledge, there is not such restriction. But ideally, the max period should not be more than 10 years.

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