company raised through automatic route Foreign currency convertible Bond (in short FCCB) by filing relevant application with Reserve Bank of India on Form ... thereafter, the FCCB was issued confirming to the Foreign Direct Investment Policy of the Government of India and the Reserve Bank of India also issued
Strategic Investment Agreement dated 27.07.2015;
ii) Shareholders Agreement dated 27.07.2015;
iii) FCCB Agreement dated 11.08.2015; (though the expansion has not been ... hearing and also gathered the same from the contract that 'FCCB' stands for 'Fully compulsorily Convertible Bonds'); and
iv) OFCD Agreement
issue of Foreign Currency Convertible Bond (hereinafter referred to as FCCB) on dollars.
13. One of the important terms under which the Bonds have been ... Branch, was appointed as the Trustee under the Trust Deed. The said FCCB was in the form of Euro Bonds. The third respondent has also
purchase of 51% share
holdings of Zynergy India and towards FCCB in terms of the
preceding clause, totalling to Rs.10 Cores ... towards purchase of shares and 5,43,47,250 towards FCCB)
Kohli Ventures has further agreed subject to clause 29(d) to
invest additional amount
each as on 17.7.2007 at the option of the plaintiff.
12. The FCCB's are constituted by the Trust Deed, dated 16.7.2007 executed between ... conditions of the FCCBs, which sets out the procedure for conversion of FCCB into the shares at the option of the plaintiff
intend to vote against the proposed changes to the FCCB terms. This email
has not been disputed by the respondent. Thereafter ... initially filed a term sheet agreeing to the
restructuring of the FCCB in principle has thereafter on 02.02.2011
expressed in writing their intention
counsel for the petitioner contended that a detailed
scrutiny was conducted. The FCCB issue expenses were elaborately
considered by the Assessing Officer in the original
equity shares to bond holders by conversion of
Foreign Currency Convertible Bonds (FCCB) pursuant to the Offering
Circular dated 12.12.2014. The share capital
paid to the Defendant Company which was used to clear the FCCB liabilities as admitted by the Defendant Company. The Tribunal is also aware that
paid to the Defendant Company which was used to clear the FCCB liabilities as admitted by the Defendant Company. The Tribunal is also aware that
