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Q & A

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A wholly owned subsidiary wants to issue zero coupon bonds to its holding company. The bonds will be of 5 years . Can zero coupon bonds be issued under new companies act, 2013. Both the companies are not NBFC companies. which sections and rules govern the issue of zero coupon bonds?

Fund raising

Posted By: Comsec 8 year(s) ago

This question has been closed if you want to answer,you have to re-open.


    SUMITRO BHATTACHARYA

Compliance with Section 42 read with the relevant rules under the Companies Act, 2013 is needed.

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