Gagan Ltd., a listed company, has outstanding 4,20,000, 9% Debentures of ₹ 10 each on 1st April, 2021Solution:- Anurag PathakNovember 5, 2023
Tuff Drilling Ltd. purchased for cancellation of its ₹ 25,000; 15% Debentures of ₹ 100 each at ₹ 98. The expenses of purchase amounted to ₹ 50Solution:- Anurag PathakNovember 5, 2023
On 1st April, 2022, Golden Trading Ltd., an unlisted (Non-NBFC or HFC company), had outstanding 1,000; 12% Debentures of ₹ 100 eachSolution:- Anurag PathakNovember 5, 2023
ITC Ltd., a listed company, purchased its own debentures of ₹ 1,00,000 of nominal (face) value of ₹ 100 each from the open market for cancellation at ₹ 92Solution:- Anurag PathakNovember 5, 2023
Hemco Ltd. an unlisted (Non-NBFC (HFC) company issued 10,000; 10% Debentures of ₹ 100 each at par on 1st April, 2017 redeemable at 5% premium in three yearly instalments by draw of lots as followsSolution:- Anurag PathakNovember 5, 2023
Maira Retail Chain Ltd., an unlisted (Non-NBFC/HFC) company, had 6,000, 8% Debentures of ₹ 1,000 each outstanding for redemption to be redeemed as followsSolution:- Anurag PathakNovember 5, 2023
Sham Motors Ltd., and unlisted (Non-NBFC/HFC) company, issued 40,000; 7% Debentures of ₹ 100 each on 1st July 2015 redeemable at premium of 5% as underSolution:- Anurag PathakNovember 5, 2023
Venus Ltd., an unlisted (Non-NBFC/HFC) company, had 9,000, 9% Debenture of ₹ 100 each due for redemptionSolution:- Anurag PathakNovember 4, 2023
Drumbeats Ltd., an unlisted (Non-NBFC/HFC) company, has 1,00,000; 8% Debentures of ₹ 50 each due for redemption in five equal instalments starting from 30th June, 2022Solution:- Anurag PathakNovember 4, 2023
Rich Proteins Ltd., an unlisted (Non-NBFC/HFC) company, issued ₹ 20,00,000, 8% Debentures divided into debentures of ₹ 100 each onSolution:- Anurag PathakNovember 4, 2023