Can debentures be issued to llp

LLP 2272 views 1 replies

hi all,

 

please tell me if debentures can be issued to LLP on private placement basis by a private limited company

Replies (1)

Yes a PVT LTD company can issue debenture to an LLP, but only as a debenture secured by mortgage over imovable property with market value of the property more than the debenture value.


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