as per new 23AC (non-XBRL) Part-II, "Details of Long Term Borrowings (Unsecured)" whether FTIL loan secured by bank will be included?
Pls guide.
2 Replies
Shridhi Jain
(Company Secretary)
(1678 Points)
Replied 27 September 2012
They are simply asking abt unsecured loans and not secured. So secured loan by banks are not to be included in this category.
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17853 Points)
Replied 28 September 2012
No it will not include as it is secured loan...
Generally, it will include the figures of deposits having maturity period more than 12 months
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