https://www.taxtmi.com/news?id=4292 Order to refund proceeds of Optionally Fully Convertible Debentures (OFCDs) with 15% interest was issued after non-compliance with the initial deadline; a judicial direction required an immediate custodial deposit of a substantial portion of the receipts with the regulator and payment of the remaining balance by instalments, and an official statement recorded that the initial deposit was made as part payment and the balance scheduled for subsequent instalments. en-us Fri, 14 Dec 2012 10:34:01 +0530 Fri, 14 Dec 2012 10:34:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4292 Order to refund proceeds of Optionally Fully Convertible Debentures (OFCDs) with 15% interest was issued after non-compliance with the initial deadline; a judicial direction required an immediate custodial deposit of a substantial portion of the receipts with the regulator and payment of the remaining balance by instalments, and an official statement recorded that the initial deposit was made as part payment and the balance scheduled for subsequent instalments. News - Fri, 14 Dec 2012 10:34:01 +0530 https://www.taxtmi.com/news?id=4292