Debentures - not renewed - consequences

surendrababu (Querist) 27 June 2012 This query is : Resolved
My client obtained debenture for 36 months. he fort got to renew. My client after 2 years of due date approached the company and asked for renewal of debenture from the date of due date of its maturity. the company paid interest on the matured debenture from the date of maturity to the date of his approach at 12% pa. My client is claiming the debenture shall be renewed from the date of their maturity. what is the remedy for my client in this regard. Kindly update me.

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