Syntheses and structural elucidations of a series of chalcogen stabilized binuclear complexes of group 5 and 6 transition metals have been described. Room temperature reaction of [Cp*CrCl] 2 (Cp* = g 5-C 5 Me 5) with Li[BH 3 (SePh)] afforded a Se inserted binuclear chromium complex, [(Cp*Cr) 2 (l-Se 2 SePh) 2 ], 1. In an attempt to make the analogous complexes with heavier group 6 metals, reactions of [Cp*MCl 4 ] (M = Mo and W) with Li[BH 3 (SePh)] were carried out that yielded Se inserted binuclear complexes [(Cp*M) 2 (l-Se) 2 (l-SePh) 2 ], 2 and 3 (2: M = Mo and 3: M = W) along with known [(Cp*M) 2 B 5 H 9 ], 4ab (4a: M = Mo and 4b: M = W). Similarly, the reactions of [Cp*NbCl 4 ] with Li[BH 3 (EPh)] (E = S or Se) followed by thermolysis led to the formation of binuclear chalcogen complexes [(Cp*Nb) 2 (l-E 2) 2 ], 5 and 6 (5: E = S and 6: E = Se) and known [(Cp*Nb) 2 (B 2 H 6) 2 ], 7. All these complexes have been characterized by 1 H and 13 C NMR spectroscopy and mass spectrometry. The structural integrity of complexes 1, 3, 5 and 6 was established by the X-ray diffraction studies. The DFT studies further exemplify the bonding interactions present in these complexes, especially the multiple bond character between the metals in 1-3.