Ask an expert! Legal, accounting and compliance advice from qualified professionals.

Share Details


Your Question has been submitted.

The Counsel team is processing your question and connecting to the best suited professional from the community to have it answered. We’ll get back with an answer shortly.

Can a Private limited Company issue unsecured non convertible debenture?

Yes. But Companies Act levies a restriction on the same. The company can raise only up to the total of its Paid up capital and free cash reserves. It cannot issue unsecured debentures beyond this limit.


View answer

Looking to hire a professional from our handpicked community?

Explore our services, submit your request and let us do the rest for you.

Get started