COMPANIES ACT - 1963 (ACT 179)

    Section - 84 - Perpertual Debentures

    A condition contained in any debenture or in any trust deed for securing any debentures, whether issued or executed before or after the commencement of this Code, shall not be invalid by reason of the fact that the debentures are thereby made irredeemable or redeemable only on the happening of a contingency, however remote, or on the expiration of a period however long.