https://www.taxtmi.com/forum/issue?id=3803 Whether a private company may issue unsecured convertible debentures to a foreign corporate shareholder where the company is understood not to be permitted to issue unsecured debentures; facts include a two-shareholder structure with the foreign investor providing all new investment under the automatic FDI route. The core question concerns permissibility and compliance of issuing a debt instrument convertible into equity to that foreign shareholder given private company restrictions. en-us Thu, 09 Feb 2012 23:45:40 +0530 Thu, 23 Jan 2025 15:58:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3803 Whether a private company may issue unsecured convertible debentures to a foreign corporate shareholder where the company is understood not to be permitted to issue unsecured debentures; facts include a two-shareholder structure with the foreign investor providing all new investment under the automatic FDI route. The core question concerns permissibility and compliance of issuing a debt instrument convertible into equity to that foreign shareholder given private company restrictions. Discussion-Forum FEMA Thu, 09 Feb 2012 23:45:40 +0530 https://www.taxtmi.com/forum/issue?id=3803