Dear Members,
What is the procedure for issue of debentures which require to be listed on stock exchange by unlisted public company.
It is urgent. please help.
Kindly share the detailed procedure for listing of debentures to be issued on private placement basis by unlisted company.
A Ltd is a promoter of B Ltd. It is desirous of infusing capital into B Ltd pursuant to Court’s order.
Considering that B Ltd will be unable to service any interest payment, how should the debentures be structured?
Can non-convertible, non-transferable debentures be issued?
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Please confirm if we need to attach valuation report for allotment of equity shares upon conversion of Debentures
I am of the view same is not required as number of shares to be allotted and conversion ratio was already decided at the time of issuance of convertible Debentures.
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Dear friends,
Can anyone provide me detailed working note and briefing about the issuance of debentures and preference shares, if anyone has worked on it
1. Issue of debentures against an unsecured loan
2. Issue of debentures for fresh real estate project
Etc
And if any of my friends have done conversion of loan into equity
X Co. has taken Loan from NBFC, issued Debentures and executed Debenture Trust Deed.( DTD).
Y Co has given its security to secure Loan and thereby secure Debentures and party to DTD Reading of Rule 3 of Companies (Registration of Charges) Rules, 2014 For registration of charge as provided in sub-section (1) of section 77, section 78 and section 79, the particulars of the charge together with a copy of the instrument, if any, creating or modifying the charge in Form No.CHG-1 (for other than Debentures) or Form No.CHG-9 (for debentures including rectification),
Query :
Whether Y Co shall be required to file CHG-1 or CHG-9 ?
1. Now in this case though Y. Co is not issuing Debentures, but it shall create a charge to secure Debentures issued by X Co.
2. Section 77 and Rule 3 , does not speak about Issuer of Deb., it specifies Charge creating Instrument
3. Eform filing is Instrument specific and not issuer specific Hence as per section and Rules Y. Co shall file CHG-9, instead of CHG-1
Kindly share your views '
Please shareChecklist for issuance of non-convrtible debentures
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convertible
Please let me know the charges and expenses for issuing Debenture/Bonds including the taxes that may be deducted while passing over the benefits to the Bond Holder.
Also let me know is there any amount cap for Number of Bonds.
Note : It's a Private Limited Company
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Dear Members, Anyone have issued unsecured non-convertible debentures for a pvt co? What is the procedure?
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Dear Members,
If a public unlisted company wish to issue debentures on private placement basis,
then as per proviso to rule 14(1) of companies (prospectus & allotment of securities rules)2014 as reproduced below
Provided further that this sub-rule shall not apply in case of offer or invitation for. non-convertible debentures, where the proposed amount to be raised through such offer or invitation does not exceed the limit as specified in clause (c) of sub section (1) of section 180 and in such cases relevant Board resolution under clause (c) of subsection (3) of section 179 would be adequate:
According to it the company can issue debentures if issues of ncd is within borrowing limit only by board approval and no need for gm resolution.
please clarify whether my understanding is correct.
kindly reply.
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Second charge on property towards issue of debentures is deposit? Is there any way out to be excluded from deposits. It’s NCD unlisted.
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If any unlisted private company wants to issue debentures to raise money, then how much can be issued without the permission of the SEBI?
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