Sec. 299

This query is : Resolved

Report Abuse Follow Query Ask a Query

Shweta Sharma

Shweta Sharma (Querist)
Follow

04 January 2011 Sec. 299 is it applicable in Private Co. as well as Public Co.

Aditya Maheshwari

Aditya Maheshwari (Expert)
Follow

04 January 2011 yes

Shweta Sharma

Shweta Sharma (Querist)
Follow

04 January 2011 Thank u Sir,

Can a private co. issue debenture?

An unlisted co. which is desire to make public deposit or issue debenture more than 50 person but Co. is not listed in Stock Exchange & not wnat to be registered as a listed co.

How is it possible for an unlisted co. issue debenture or public deposit more than 50 without registered as a listed co.

Plz suggest me, whats procedure for that?

Thanx & Regards,
Shweta Shrama

Upgrade to CAclubindia Pro. Subscribe Now!