Dear All,
Kindly furnish the procedure to issue the secured non convertible debentures by the company?
What all steps should be taken into consideration for the same.
Regards,
Meenu
ARJUNA
(CHARTERED ACCOUNTANT)
(25 Points)
Replied 05 December 2009
Can a Private/Public Limited company can issue Debentures by charging/Mortgaging the property of a society. Society is accepting to offer the property by taking some commission officially from the company