What do you mean by naked debentures? State the treatment of this debenture as per the Comapnies
Question:
What do you mean by ‘naked debentures’? State the treatment of this debenture as per the Comapnies Act, 2013.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (6 reviews)
Naked debentures is a term used to refer to a type of debenture that is issued by a company without any specific charge or security backing it In othe...View the full answer
Answered By
Krishnavendra Y
I am a self motivated financial professional knowledgeable in; preparation of financial reports, reconciling and managing accounts, maintaining cash flows, budgets, among other financial reports. I possess strong analytical skills with high attention to detail and accuracy. I am able to act quickly and effectively when dealing with challenging situations. I have the ability to form positive relationships with colleagues and I believe that team work is great key to performance. I always deliver quality, detailed, original (0% plagiarism), well-researched and critically analyzed papers.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
Question Posted:
Students also viewed these Business questions
-
You are required to work in this task individually. any suspicious activities or cheating will result in zero grade in this task. 1. what are the basic levels of research? 2. what do you mean by...
-
What do you mean by cost behavior? how is it classified.
-
What do you mean by the term "lean manufacturing?"
-
Given that y = x 2 , find the image of the curve y = x 2 after each of the following combinations of transformations. a. A stretch in the y-direction with factor 3 followed by a translation by the...
-
Samantha is looking to invest some money so that she can collect $5,000 at the end of three years. What investment amount would be required in each of the following choices: a. 4.2 percent compounded...
-
Consider the 63 automatic teller machine (ATM) transaction times given in Table 3.6 above. a. Construct a histogram (or a stem-and-leaf display) for the 63 ATM transaction times. Describe the shape...
-
A parallel-plate capacitor is connected to a battery. If the distance between the plates is decreased, do the magnitudes of the following quantities increase, decrease, or stay the same: (i) the...
-
Why would the Feds indirect intervention have a stronger impact on some currencies than others? Why would a central banks indirect intervention have a stronger impact than its direct intervention?
-
Calculate the tension in the following figure: T 30 30 250 N T2
-
State two conditions for appointment of a trustee.
-
What do you mean by issue of debentures as collateral security for a loan? Give its accounting treatment.
-
Discuss the idea of relative risk. What is the significance of it for the drug firm itself, for the FDA, for tort lawyers, and for the consumer?
-
Chris Ricci has several credit cards, on which she is carrying a total current balance of $12,500. She is considering transferring this balance to a new card issued by a local bank. The bank...
-
What are mortgage points? How much would a home buyer have to pay if the lender wanted to charge 2.5 points on a $125,000 mortgage? When would this amount have to be paid? What effect do points have...
-
Conceptually, how does an investor choose his or her optimal portfolio?
-
What is a typical R 2 for the characteristic line of an individual stock? For a portfolio?
-
What is a bond?
-
Why might the discount rate vary as you move through a decision tree?
-
Write an essay describing the differing approaches of nursing leaders and managers to issues in practice. To complete this assignment, do the following: 1. Select an issue from the following list:...
-
The following is the balance sheet of Ramani company limited as on 31.12.96: The company resolved to redeem its preference shares at a premium of 2% out of profits. Give the necessary journal...
-
Who are Untraceable Shareholders? State the accounting treatment for them in redemption.
-
Capital redemption reserve can be used for issuing fully paid _________ shares.
-
A uniform slender rod of total length 800 mm and mass 5 kg is pinned at O (200 mm from one end) and is initially held by a cable at its other end at A as shown, such that the rod is at a angle of 30...
-
Chapter 1 6 EX . 1 6 . 0 1 EX . 1 6 . 0 2 EX . 1 6 . 0 3 EX . 1 6 . 0 4 EX . 1 6 . 0 7 . ALGO EX . 1 6 . 0 9 . EXCEL.ALGO EX . 1 6 . 1 4 . ALGO EX . 1 6 . 1 6 . ALGO EX . 1 6 . 1 3 . ALGO EX . 1 6 ....
-
Elroy Corporation repurchased 3,600 shares of its own stock for $30 per share. The stock has a par of $15 per share. A month later, Elroy resold 900 shares of the treasury stock for $38 per share....
Study smarter with the SolutionInn App