Updates

China's Alibaba will invest $575 million (Rs 3600 crore) for a Delhi based startup 'Paytm' (Parent Co. 'One 97 Communications), becoming the latest to enter India's red-hot ecommerce sector. Entry of 'Alibaba', the world's biggest and most valuable ecommerce company, could potentially alter India's ecommerce market that is now dominated by 'Flipkart', 'Amazon' and 'snapdeal'.

NOTE ON DEBENTURES

INTRODUCTION Section 2(30) of the Companies Act, 2013 (“the “Act”) defines ‘debenture’ which includes debenture stock, bonds or any instrument of a company evidencing a debt, whether constituting a charge in the assets of the company or not. A company may issue debentures with an option to convert such debentures into shares, either wholly or … Continue reading NOTE ON DEBENTURES