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V.S. Datey on Companies Act, 2013
  • Compulsory convertible debenture

    by ARUN on Saturday, September 29, 2018 at 05:56 PM

    sir we have issued compulsory convertible debenture on 1.4.2017 which is convertible (along with interest) into equity shares on 30.9.2018. interest rate is 0.001%. is there any requirement for debenture redemption fund or any other company law requirement for f y 2017.18.

    Replied byV.S. Datey Sunday, September 30, 2018 at 03:16 PM

    if compulsoriy and automatically comnvertible what uis purpose of debenture redemption funbd? V S Datey

 
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