Live Help
Want to know more
Enter the details and we'll call you soon

Name :

Company Name :

City :

Mobile No. :

Email id :

  

Thank you for your details



Our Executive will reach you shortly.

Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset SessionCancel Session
 

Debenture trustee couldn’t be restrained from taking step against borrower who acknowledged default in payment

October 8, 2020[2020] 119 taxmann.com 457 (Delhi)
13 Views

COMPANY LAW/ARBITRATION: Where petitioner had borrowed funds by issuance of secured/unsecured non-convertible debentures and later it defaulted in repayment on final redemption date of debentures and substantial part of pledged shares of petitioner were already disposed of and petitioner had acknowledged its failure to pay outstanding amounts in various communications with debenture trustee and subscribers, debenture trustee could not have been restrained from taking any steps against petitioner under debenture trust deeds

read more

taxmann.com
Payment
Best view in 1140 x 768