DEBENTURE FORFEITURE

[Sonia Tandon]

Can debentures be forfeited for non-payment of call money?

[sagar mulchandani]

My opinion is that you may pay the intrest on paid up value. 

Coz debentures are not the right of ownership as equity, it's obligations of the company. How can an obligation can be forfeited without approval of the obligation holder/the NCLT.

Regards,

Sagar Mulchandani 

On Wed, Nov 9, 2022, 5:02 PM Sonia Tandon <sonia.ta...@gmail.com> wrote:

Can debentures be forfeited for non-payment of call money?

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