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UNSECURED DEBENTURES

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 July 2011 CAN A PRIVATE COMPANY ISSUE UNSECURED DEBENTURES.

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SATYAM
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Saroja

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Saroja (Expert)
04 July 2011 My view

as per Sec 3 (1)(iii)A private company can issue unsecured Debenture to its shareholders/directors and their relatives, otherwise again the same will be regarded as "Deposit"

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