Procedure for redemption of Debentures of Private Co.

    Posted By : CS Gaurav / Published on : 08-May-2018 05:05 AM / View : 239 / Comment : 0
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    Dear Sir/ Madam, The Company (A private Limited Co) has issued No. 5100 "Optionally Convertible Debentures" (OCD's) (Unsecured) of Rs. 1,00,000 each , to its Holding Company for a maximum period of 20 years from the 2015. Now the "issuing Company" (i.e Subsidiary Company) wants to redeem the debentures issued debenture of 1,500. Can any one guide me with procedure to be followed and the necessary compliances shall be consider to redeem the Debentures.
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