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Non-transferable debentures be issued?

Posted By : CS Shiriti / Published on : 26-Apr-2020 01:58 PM / View : 1623 / Comments : 0

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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