The reaction of racemic chloro-dibenzo[c.e][1,2]oxaphosphorine with (S)-(−)-α-methyl-benzylamine and (1R,2S,5R)-(−)-menthol led to a mixture of optically active diastereomers of the corresponding phosphonous derivatives. The isomers were separated in a diastereomeric excess of 71–93% at the phosphonic oxide and/or at the phosphonous borane stage. The P(III) boranes are suitable precursors of the P-ligands. The absolute P-configuration in one of the menthyl phosphonates isolated was determined by single crystal X-ray analysis.