Question

Explain the procedure for issue of Debentures​

Answer 1

Answer:

PROCEDURE FOR ISSUE OF DEBENTURE ON PRIVATE PLACEMENT BASIS

➡️to issue debentures and decide its type whether secured or unsecured and terms & conditions thereof.

➡️Offer letter for private placement in Form No.

➡️Approval of Form No.

➡️Written consent of a Debenture Trustee and appointment thereof (In case of secured debenture)

Answer 2

Answer:

$\huge\sf{\blue{\underline {\pink{\underline{A᭄ɴsᴡᴇʀ࿐ :−}}}}}$

1. resolution by board of directors
2. reservation by general meeting of the company
3. permission of SEBI
4. to issue prospectus
5. appointment of trustees
6. for debenture agreement with underwriters
7. to open an account with a schedule Bank
8. registration in stock exchange
9. to prepare allotment register for debenture
10. debenture certificate

HØPÉ ÏT HÊLPẞ YÔÜ ☃️...