loan registration
number of their Foreign Currency Convertible Bonds (hereinafter
"FCCB") amounting to USD 50 Million in light of the External
Commercial Borrowing ... hereinafter "ECB")/FCCB guidelines of the
Reserve Bank of India (hereinafter "RBI").
5. In furtherance of the aforesaid letter, PIL submitted
loan registration
number of their Foreign Currency Convertible Bonds (hereinafter
"FCCB") amounting to USD 50 Million in light of the External
Commercial Borrowing ... hereinafter "ECB")/FCCB guidelines of the
Reserve Bank of India (hereinafter "RBI").
5. In furtherance of the aforesaid letter, PIL submitted
1102/2006 Page 6
PLL plans $ 100 million FCCB: ADB bailout in case of redemption pressure
"May 2 : The management of Petronet ... company. The management had
mooted a $ 100- million foreign currency convertible bond (FCCB) issue to plug
the financing gap but there were differing views - within
sole
placement agent for certain purpose and provision of
services for raising FCCB of US$50 Millions in the FY
2006-07. The adjudicating authority ... foreign service provider remained the
manager to the issue of FCCB for raising FCCB of US$
50 Millions. The notice granted only as option
subsidiaries. The Flash Report also gave details of MBIL
issuing FCCB (Foreign Currency Convertible Bonds) of USD 150
million in tranches from June
subsidiaries. The Flash Report also gave details of MBIL
issuing FCCB (Foreign Currency Convertible Bonds) of USD 150
million in tranches from June
underlying exposure, in
the form of Freely Convertible Currency Bond (in short FCCB) liability,
amounting to USD 20 million.
3.5 Importantly, in the application
Sethi, the
CDR scheme does address the concerns of the FCCB holders also and
thus a holistic and macro view has been taken. He pointed
company in earlier years - from FY-06
onwards and partially from FCCB issuance in
FY-08.
• At the time of making these investments, the
growth ... company in earlier years from FY 2006
and partially from FCCB issuance in FY 2008". As the learned Single
Judge has correctly held
company in earlier years - from FY-06
onwards and partially from FCCB issuance in FY-08.
• At the time of making these investments, the growth
