Whether the debentures repayable in 10 yrs and guaranteed by the government of india , will come under secured or unsecured debentures ?
Please help!
Menu
debentures in balance sheet
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
Recent Threads
- My client purchases Rs. 3 crores and his turnover
- Regarding CA foundation Exemption (Direct Entry Sc
- CFSS Scheme
- Transfer of ITC from individual to LLP
- Query of Goodwill
- Remuneration to Partners
- Request For Dhirajlal Rambhia
- Tds deduction queery
- Check ITR1 on income tax Form ITR1 Instead of 1 ho
- Form 121 requirement
Related Threads
CAclubindia
