TMI BlogRoll over of non-convertible portion of partly convertible debt instrumentsX X X X Extracts X X X X X X X X Extracts X X X X ..... ible debt instruments issued by a listed issuer, the value of which exceeds ten crore rupees, may be rolled over, subject to compliance with the provisions of the Companies Act, 2013 and the following conditions: (a) seventy five per cent. of the holders (in value) of the convertible debt instruments of the issuer have, through a resolution, approved the rollover through postal ballot; (b) the iss ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... existing trust deed or the security documents provide for continuance of the security till redemption of secured convertible debt instruments: Provided that the debenture trustee shall decide if the issuer is required to create fresh security and to execute fresh trust deed. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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