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Capital Loss in case of SREI NCDs resolution

This query is : Resolved 

04 May 2024 The resolution plan of SREI infra NCD default, for its holders provides two components of payment. One part distributed as cash payment directly and the balance in the form of Security receipts (SR) and Estimated Optionally Convertible Deposits (OCD). These SRs and OCDs are held by Punjab National Bank and will be released after 8 years with condition that if funds available then! Please therefore inform how the capital loss of debt is booked for relevant assessment year. Is it only cash paid now as value of return; and SR+OCD if any paid after 8 years to be taken as income for future earnings?

26 May 2024 Yes, you can distribute the investment value proportionately.

07 September 2024 Good Luck.


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