UNSECURED DEBENTURES

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

THANKS & REGARDS

SATYAM

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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