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Q & A

927 Views 1 Ans

Can a Company issue unsecured convertible debentures and Will it be treated as deposits?

Fund raising

Posted By: Sreenivas babu 9 year(s) ago

This question has been closed if you want to answer,you have to re-open.


    Anupama

Amount raised by issue of debentures which are compulsorily convertible into shares within 5 yrs shall not be treated as deposit.

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