Can unsecured debentures be issued,if yes den for what term.?
is creation of DRR necessary for unsecured fully convertible debentures.
rly fast
3 Replies
Shruti Chawla
(CS)
(258 Points)
Replied 08 June 2010
Yes unsecured debentures can be issued by a company. DRR has to be mantained.
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 09 June 2010
Agree with Shruti.
CA PuRvI M!$rA
(-)
(2260 Points)
Replied 09 June 2010
unsecured deb. can b issued provided co. has maintained DRR
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