Dear All,

X company had taken loan from financial institution for Rs.200 Crore. X company had not given any security from its assets.

Instead of X, Holding Company of X had given the X Ltd shares as security by way of pledge.

Can X Ltd show the loan in its financials as Secured Loan? Or else is it required to be shown as Un Secured Loan.

Requesting all of you to please clarify at the earliest

Regards,

Hari Krishna Desu

WHAT RATE CAN APPLY ON PRINTER FOR DEPRECIATION AS PER COMPANIES ACT.1956 AND AS PER INCOME TAX ACT.1961
PLEASE REPLY ME.

Hi,
I am an entrepreneur looking to start my own company.

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