Foreign Direct Investment is the most effective and efficient source of funding for Companies seeking leverage of funds from across the border. As FDI has broaden the horizons of fund raising for Companies it also involves a number of compliances with respect to Central Government, Ministry of Finance, Reserve Bank of India (RBI), Department of […]
This article attempts to elaborate the effects of Companies (Amendment) Act, 2017 on Section 185 of the Companies Act, 2013. The Companies (Amendment) Act, 2017 attempts to make major changes in the Companies Act, 2013 so as to bring harmony and synchronization among the Act, rules and SEBI guidelines.
Section 2 (30) of the Companies Act, 2013 defines the term Debentures as debenture includes debenture stock, bonds or any other instrument of a company evidencing a debt, whether constituting a charge on the assets of the company or not;