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Discussion > Accounts > A/c entries >

debentures in balance sheet

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Audit Officer


[ Scorecard : 32]
Posted On 15 November 2010 at 14:29 Report Abuse

Whether the debentures repayable in 10 yrs and guaranteed by the government of india , will come under secured or unsecured debentures ?

Please help!


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CA Lokesh Pokharna Jain
CA (Ahmedabad Bhilwara Chittorgarh)


[ Scorecard : 4051]
Posted On 15 November 2010 at 15:29

secured





Ratti Wahal
Company Secretary


[ Scorecard : 134]
Posted On 15 November 2010 at 16:40

Dear Neha,

 

Debentures, secured by Government of India, will come under the head 'Secured Loans"

 

Refer: Schedule VI of the Compaies Act, 1956.

 

Regards,

 

Ratti Wahal 




piyush tanwar
student


[ Scorecard : 392]
Posted On 15 November 2010 at 20:52

Under head "secured loans"... as per SCHEDULE VI of the COMPANIES ACT, 1956




Ajay Garg
CA FINAL


[ Scorecard : 101]
Posted On 28 December 2010 at 23:24

i think piyush is right


There are 4 Replies to this message






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