No Debentures can not be redeemed out of capital only. Gov of India and SEBI has indirectly placed restrictions on redemption of debentures. Now it is compulsory to create Debenture Redemption Reserve at-least 50% of the debentures issued.
No. Debenture is a form of liability for a business.
I presume you meant debenture, a debenture is a long term loan taken out by a business
Type your answer here... debenture, which is secured and redeemable and which is non convertible in future is called secured redeemable non convertable debenture
With a debenture, a company can hold a debt with another. A debenture is a loan agreement where there is no collateral or assets involved. It is based on the promise and credit history of the company that it will be paid back.
No Debentures can not be redeemed out of capital only. Gov of India and SEBI has indirectly placed restrictions on redemption of debentures. Now it is compulsory to create Debenture Redemption Reserve at-least 50% of the debentures issued.
it is a document that serve as evidence of a debenture for a debenture share holder
it is a document that serve as evidence of a debenture for a debenture share holder
When debentures are redeemed payment is made from a reserve which is created at the time of purchase of such debentures,therefore at the time of payment first it is transferred to general reserve then as it is expenditure to company.
what is debenture
No. Debenture is a form of liability for a business.
Noninvertible debenture
NO,debenture holder is the creditor of the company
what is an all assets debenture
Interest A\c Dr Accured debenture Cr
Debenture Suspense is adjustment account which is prepared at the time of issue of debenture as collateral security to record the collateral issue.
I presume you meant debenture, a debenture is a long term loan taken out by a business