Debt Capital
shankar banerjee (self employed) (162 Points)
01 June 2010shankar banerjee (self employed) (162 Points)
01 June 2010
Siddarth R Sunder Ram
(Finance Professional)
(230 Points)
Replied 14 June 2010
Debt Capital refers to the funds borrowed by the company, with an obligation to repay the same within the agreed period with interest, of course. It can be in the form of debentures, loans from banks and financial institutions, fixed deposits etc. The parties providing the money are not shareholders/owners, but are mere creditors/lenders.
As per Schedule VI of the Companies Act, you'll have to show them in the balance sheet on the Liabilities side as:-
1. Secured Loans 2. Unsecured Loans.
Ankit CA and CS
(Manager - Accounts)
(204 Points)
Replied 15 June 2010
I have also checked result for one of the listed company and debt capital refers to Secured as well as unsecured Loans....
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961