Companies Act, 2013
71. Debentures.—
(1) A company may issue debentures with an option to convert such debentures into shares, either wholly or partly ... redemption: Provided that the issue of debentures with an option to convert such debentures into shares, wholly or partly, shall be approved by a special
Terms of Issue of Debentures and Raising of Loans with Option to Convert such Debentures or Loans into Shares) Rules, 1977
2. Definitions. - In these
Terms of Issue of Debentures and Raising of Loans with Option to Convert such Debentures or Loans into Shares) Rules, 1977
3. Particulars regarding ... public company which include a term providing for an option to convert such debentures or loans or any part thereof into shares in the company
Terms of Issue of Debentures and Raising of Loans with Option to Convert such Debentures or Loans into Shares) Rules, 1977
1. Short title ... Terms of Issue of Debentures and Raising of Loans with Option to Convert such Debentures or Loans into Shares) Rules, 1977.
(2) They shall come
debenture. In the event of the option not
being granted by the Company or debenture holders not
exercising their option to convert, it may redeem ... such as
compulsorily convertible debentures/ preference shares. As the
name suggests, if the debentures are compulsorily convertible,
there is no option with the holder
lakhs (face value plus premium component)
consisting of equity shares and optionally convertible debentures. In addition, the assessee
company will also be entitled to receive ... performance for 2005-06. The company also
exercised its option to convert the optionally convertible debentures of face value Rs
5,98,50,000 into
that the debentures mean, the debentures mean, the debentures issued as per series "A" to "G" and the debenture-holders would ... said deed, the debenture-holders are required to surrender those debentures in respect of which an option to convert into equity shares has been exercised
Investor Securities.
(h) "Investor debentures" shall mean the optionally convertible
debentures of Rs. 10 each issued as per the terms and conditions
specified ... Optionally
Convertible Debentures of Rs. 10 each towards contribution of Rs.
134,93,63,430/- ("Investor Debentures"). The Investor Debentures
carried a coupon
expenditure under the head "Discounting Charges" on Zero
Coupon optionally convertible debentures under Serial No.1 and
Serial ... assessee. However, the Administrative Commissioner found
that the Zero Coupon optionally convertible debenture was to be
redeemed after one year and conversion
authorised representative, first charge will automatically be
created on the Optionally Convertible Debentures with further directions to
respondent Nos.3 and 4, i.e., Estate ... which respondent No.1 will disclose
the Unique identification number of optional convertible
debenture as mentioned in affidavit dated 09.09.2015 furnished
by Hardeep Singh, Authorized
