public issue of debentures or bonds now required
Answers
The public issue of debenture or bonds requires the following procedures.
Explanation:
"Debenture or bonds" both are kinds of debts issued to the lending company with interests and repayable dates.
Here is a list of few things to be done for the public issue of debenture:
- Debenture credits should not exceed over 18 months.
- If it exceeds 18 months' duration, then the authority should appoint a Debenture trustee.
- The names of the Debenture trustee should be in the offer document.
- The credit for the public issue of debt cannot exceed 100 crores.
HELLO DEAR,
The public issue of debenture or bonds requires following procedures are given below :-
Debenture or bonds both kinds of debt issued to the lending company with interest and repayable dates,
It's all also depend on the policy of company where you making bonds or debenture.
There are some list are here for few things to be done for the public issues of debenture:
1) if it's exist 18 months duration,
Then the authorities should appoint a debenture trustee.
2) Debenture credit should not exist over 18 months.
3)The names of debenture trustee should be in the offer document.
4)The credit for the public issue of debt cannot exist 100 crores.
I HOPE ITS HELP YOU DEAR,
THANKS.