Query- issue of non-convertible and / or convertible debenture

Querist : Anonymous (Querist) 06 June 2011 This query is : Open
Dear All,

A is a subsidiary Company and B is a 100% Holding Company. Both are private limited co's

Can A issue Non-Convertible Debentures and / or Convertible Debentures to B?

Can B issue Non-Convertible Debentures and / or Convertible Debentures to A?

Kindly give the reference of section and rules if any

thanks & regards
Sajjala

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