If the issue of security for convertible debentures is unlawful [ prohibited under some provision like Section 77(2) of Comapnies Act ], will this affect the validity of debentures issued ?
Karandeep (Stud) 30 January 2011
If the issue of security for convertible debentures is unlawful [ prohibited under some provision like Section 77(2) of Comapnies Act ], will this affect the validity of debentures issued ?