Public Companies (Terms of Issue of Debentures and of Raising of Loans with Option to Convert Such Debentures or Loans into Shares) Rules, 1977
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[See section 81(3)(a) of the Companies Act, 1956]
In exercise of the powers conferred by section 642, read with clause (a) of the proviso to sub-section (3) of section 81 of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules, namely: –