Section 71 Of Companies Act 2013

Provided that the issue of debentures with an option to convert such debentures into.

Section 71 of companies act 2013. Stamp duty on issuance of debentures is governed by the indian stamp act 1899 and is payable at the rate. 1 where a company fails to redeem the debentures or repay the deposits or any part thereof or any interest thereon an application under sub section 10 of section 71 or under sub section 4 of section 73 of the act or section 45qa of the reserve bank of india act 1934 2 of 1934 shall be filed to the tribunal in form no. To be proclaimed as amended by.

Companies share capital and debentures rules 2014. Debentures 1 a company may issue debentures with an option to convert such debentures. A company must allot the debenture certificates within 6 months from the date of allotment.

The only section pertaining to the issue of debentures is section 71 read with rule 18 of companies share capital and debentures rules 2014. Issue of debentures under section 71 of companies act 2013 1. Provided that the amount remaining invested or deposited as the.

8 april 2009 commencement date. Section 71 of companies act 2013 debentures applicable rules. 3 secured debentures may be issued by a company subject.

I would like to s section 71 issue of debentures under companies act 2013. Into shares either wholly or partly at the time of redemption. B has a minimum paid up share capital of five lakh rupees or such higher paid up capital as may be prescribed.

Issuance of rupee bonds to overseas investors by indian companies clarification. Shares wholly or partly shall be approved by a special resolution passed at a general. Provided that a company which is a subsidiary of a company not being a private company shall be deemed to be public company for the purposes of this act even where such subsidiary company continues to be a private company in its articles.