Issue debentures: Board + SR (if convertible), appoint trustee, create DRR, register charge. Issue of Debentures (S.71) takes 7 steps over about 133 days and is filed with the ROC on CHG-9 and PAS-3.
Last updated: 10 August 2026
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee. OnCompliance tracks the date and warns you before it costs anything.
7 steps over about 133 days, filing CHG-9 and PAS-3 with the ROC. Each deadline below runs from the step before it.
| # | Step | Form filed | Deadline |
|---|---|---|---|
| 1 | Board Approves Debenture Issue | None | within 7 days |
| 2 | Pass SR (if convertible) | None | within 30 days |
| 3 | Appoint Debenture Trustee | None | within 14 days |
| 4 | Create Debenture Redemption Reserve | None | within 7 days |
| 5 | Issue Debentures | None | within 30 days |
| 6 | File CHG-9 (Charge for Debentures) | CHG-9 | within 30 days |
| 7 | File PAS-3 | PAS-3 | within 15 days |
The 7 steps below run in order; the day counts show how long each one allows.
Board approves terms of debenture issue.
SR required for issue of convertible debentures.
Appoint a debenture trustee before issue.
Create DRR of at least 10% for listed companies.
Allot debentures and collect subscription money.
Register charge on assets for secured debentures.
File return of allotment within 15 days.
Every guide runs like this in OnCompliance: steps in order, dates in view, paperwork made for you at each step.
About 133 days across 7 steps. The first step is: Board Approves Debenture Issue.
CHG-9 and PAS-3. PAS-3 is the return of allotment filing under §39 of the Companies Act 2013.
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee.
Yes. OnCompliance runs the same steps in order, dates in view, with the paperwork made for you at each step.