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How is a Debenture issued?

Business Law, Notes

How is a Debenture issued?

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  1. Company can issue debentures only when it is authorized by the Memorandum of Association and Articles of Association.
  2. Debentures can be issued at discount by passing resolution.
  3. The company has to get debentures rating by CRISIA and CARC.
  4. To get is applicated in the stock exchange list.
  5. To notify the register.
  6. Register of debenture holder is to be maintained.

 

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