go through the below mentioned link... complete proceedure is priscribed .. ur quoery would also be resolved..
https://docs.google.com/viewer?a=v&q=cache:pkxzIjYWxdYJ:www.eshwars.com/ARTICLE_AUDIT_COMMITTEE.pdf+who+can+issue+debentures&hl=en&gl=in&pid=bl&srcid=ADGEESiC-tI62C5Ow6Vp_2f0tzhGqHh8ly0tQtycZC3JuAVBVENF7cNoazJgugfD6Y7wkhaznKPRN693oE4YmENEas9LN3GOIknUy3Zy_NAto3TUrRqjKO0mJIoIBlDy5PngxiIqoXQo&sig=AHIEtbQ5-m969izIiNnBj0nGqJMwDfmMWw
Read more at:
/forum/issue-of-debentures-by-unlisted-limited-company-234322.asp
https://docs.google.com/viewer?a=v&q=cache:pkxzIjYWxdYJ:www.eshwars.com/ARTICLE_AUDIT_COMMITTEE.pdf+who+can+issue+debentures&hl=en&gl=in&pid=bl&srcid=ADGEESiC-tI62C5Ow6Vp_2f0tzhGqHh8ly0tQtycZC3JuAVBVENF7cNoazJgugfD6Y7wkhaznKPRN693oE4YmENEas9LN3GOIknUy3Zy_NAto3TUrRqjKO0mJIoIBlDy5PngxiIqoXQo&sig=AHIEtbQ5-m969izIiNnBj0nGqJMwDfmMWw
go through the link... https://docs.google.com/viewer?a=v&q=cache:pkxzIjYWxdYJ:www.eshwars.com/ARTICLE_AUDIT_COMMITTEE.pdf+who+can+issue+debentures&hl=en&gl=in&pid=bl&srcid=ADGEESiC-tI62C5Ow6Vp_2f0tzhGqHh8ly0tQtycZC3JuAVBVENF7cNoazJgugfD6Y7wkhaznKPRN693oE4YmENEas9LN3GOIknUy3Zy_NAto3TUrRqjKO0mJIoIBlDy5PngxiIqoXQo&sig=AHIEtbQ5-m969izIiNnBj0nGqJMwDfmMWw
Read more at:
/forum/issue-of-debentures-by-unlisted-limited-company-234322.asp
https://docs.google.com/viewer?a=v&q=cache:pkxzIjYWxdYJ:www.eshwars.com/ARTICLE_AUDIT_COMMITTEE.pdf+who+can+issue+debentures&hl=en&gl=in&pid=bl&srcid=ADGEESiC-tI62C5Ow6Vp_2f0tzhGqHh8ly0tQtycZC3JuAVBVENF7cNoazJgugfD6Y7wkhaznKPRN693oE4YmENEas9LN3GOIknUy3Zy_NAto3TUrRqjKO0mJIoIBlDy5PngxiIqoXQo&sig=AHIEtbQ5-m969izIiNnBj0nGqJMwDfmMWw
Read more at:
/forum/issue-of-debentures-by-unlisted-limited-company-234322.asp
https://docs.google.com/viewer?a=v&q=cache:pkxzIjYWxdYJ:www.eshwars.com/ARTICLE_AUDIT_COMMITTEE.pdf+who+can+issue+debentures&hl=en&gl=in&pid=bl&srcid=ADGEESiC-tI62C5Ow6Vp_2f0tzhGqHh8ly0tQtycZC3JuAVBVENF7cNoazJgugfD6Y7wkhaznKPRN693oE4YmENEas9LN3GOIknUy3Zy_NAto3TUrRqjKO0mJIoIBlDy5PngxiIqoXQo&sig=AHIEtbQ5-m969izIiNnBj0nGqJMwDfmMWw
Read more at:
/forum/issue-of-debentures-by-unlisted-limited-company-234322.asp