Hi everyone,
I wanted to ask a question to all professionals in this club???Plz let me know about the procedure of issue of debentures by a unlisted public company????
Thanx to all........
deepali agarwal (Company Secretary) (1289 Points)
11 October 2012Hi everyone,
I wanted to ask a question to all professionals in this club???Plz let me know about the procedure of issue of debentures by a unlisted public company????
Thanx to all........
Jeevan
(Management Trainee)
(40 Points)
Replied 11 October 2012
Hi Deepali, the Procedure can be summed up as under: 1) Call a Board Meeting after giving Notice u/s 286, keeping in the following matters: a)Whether the debenture is convertible or not? b)If convertible then terms of conversion. c)Maturity period. d)Rate of Interest. e)Whether Public/Right issue. f)Credit Rating. g)Appointment of Trustees. h)Appointment of lead Manager and other intermediaries. 2)Make Apiication to one or MOre Stock Exchanges for Listing.
3) obtain Credit rating.4) Enter into arrangement with Depository.
Just Start up with the above then will let u know the further part in short while.
Regards,
Jeevan
deepali agarwal
(Company Secretary)
(1289 Points)
Replied 11 October 2012
Thanx sir...Plz send me the detailed procedure(Practical) including the forms to be filed to the ROC..My email id is deepaliagarwal2007 @ gmail.com
Sharad Chandra Jha
(Audit Manager)
(22 Points)
Replied 03 November 2012
Dear Sir,
I wants to ask a question to all professionals in this club? let me know about the procedure of issue of debentures by a unlisted public company????
Thanks with warm regard
Sharad
6 days Certification Course on GST Practical Return Filing Process