In the case of Internal Reconstruction of company Accrued Int. On debenture / Outstanding int. On debenture transfer or not in capital reduction a/c . Explain
- 1 Answers
- 1709 Views
- I also Faced
- E-Mail Answers
Answer / Amit Kumar Harbola
Accrued interest on debentures represents an obligation of the company that arises before the payment date, but is typically recorded as a liability at the end of each accounting period until it is paid off. In case of internal reconstruction (i.e., reorganization) of a company, accrued interest on debentures may not be transferred to the new company if it is part of the capital reduction process.
Capital reduction involves reducing the amount of share capital or debt capital, and accrued interest on debentures can be considered as part of the debt capital. If the accrued interest on debentures is written off as part of the capital reduction, it should not be transferred to the new company.
| Is This Answer Correct ? | 0 Yes | 0 No |
Is form 38 mandatory to issue c form in up. thru online mode
What do you mean by Small Scale Industries, and what is the benefit of going to SSI, Pls explain in detail ??
what is software?
Can a Chairman of the Board be removed from the chair by the Managing Director And other Directors of the Company during the Course of the Board Meeting.
on which time a company secretary has filled his compliance in form no.66?
What are the main differences between corporate debt and equity? Why do some firms try to issue equity in the guise of debt?
is cs equivalent to post graduation course?
what mean by derivatives?
please tell me about Advance Bank Gurantee & Performance Bank Gurantee
I WANT TO DO THE CS AND THEREFORE I M WORKING HARD THE PREIOUS QUESTIONS WHICH I AM ASK TRY TO GIVE IT TIMMORROW IS POSSIBLE.
What is STP Reports
1 Answers 3i Infotech, Accel, CTS,
STATE & EXPLAIN THE IMPACT OF GLOBAL FINANCIAL CRIS ON CEMENT SECTOR IN INDIA:
Audit 
