https://www.taxtmi.com/caselaws?id=297686 Section 117C of the Companies Act, 1956 is described as a beneficial provision protecting debenture holders, and the text states that it was treated as applying to debentures issued before the 2000 amendment but still pending redemption. It also notes that disclosure of the liability in the balance sheet and the naming of the debenture holders in the annual return was treated as acknowledgment for limitation purposes. The commentary therefore presents debenture redemption reserve requirements and disclosed liabilities as key factors affecting redemption claims and limitation objections. en-us Tue, 24 Sep 2013 00:00:00 +0530 Fri, 17 Sep 2021 15:25:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297686 Section 117C of the Companies Act, 1956 is described as a beneficial provision protecting debenture holders, and the text states that it was treated as applying to debentures issued before the 2000 amendment but still pending redemption. It also notes that disclosure of the liability in the balance sheet and the naming of the debenture holders in the annual return was treated as acknowledgment for limitation purposes. The commentary therefore presents debenture redemption reserve requirements and disclosed liabilities as key factors affecting redemption claims and limitation objections. Case-Laws Companies Law Tue, 24 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297686