Hello professionals!
Why was FERA replaced by the FEMA? The reason behind the major change?
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?
issued
debentures
transferable
