EASYOFFICE
EASYOFFICE
EASYOFFICE

Issue of CCDs

This query is : Resolved 
Profile Image

Profile Image

(Querist)
29 June 2010 For pvt ltd company, which issues Fully and Compulsorily convertible Debetures,(convertible in to fully paid equity shares)whether these debetures are grouped under equity capital or a secured loans in Balance sheet?
Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
29 June 2010 They will be grouped under secured loans only till the time of their conversion.

However the debentures will be used to calculate diluted EPS of the company for the purpose of AS - 20.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links