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    Fully convertible debenture to Foreign Citizen (FDI) By Pvt. Co.

    Posted By : Shiriti / Published on : 30-Apr-2018 11:39 PM / View : 775 / Comment : 0

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    Dear Members, I have questions pertaining to the issue of the fully convertible debenture to Foreign Citizen. 1.Is valuation required for issue of mandatory convertible debentures to Foreign Citizen? 2.In Debenture subscription agreement, can we mentioned that shares will be allotted at a price valued after a fixed say 3 years tenure. or we have to specify the price in the agreement itself?? 3.After receipt of subscription money, ADR needs to file electronically, do we need to file FIRC and KYC of Debenture holder also??
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