debentures in balance sheet

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

Please help!

Replies (5)

secured

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 

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

i think piyush is right
any advances or loans which are guaranted or secured by any government are comes under secured assets

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