Non-cumulative sinking fund
A non-cumulative sinking fund differs from the cumulative type of sinking fund only in one respect: in non-cumulative sinking fund,…
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A non-cumulative sinking fund differs from the cumulative type of sinking fund only in one respect: in non-cumulative sinking fund,…
Ø In the case of new company, distribution of dividends shall require the approval of trustees to the issue of debentures…
Meaning Redemption of debentures is the process of discharging the liability on account of debentures in accordance with the terms…
This is the third type of consideration for which company issues debentures. Issue of debentures as a collateral security means…
In this case debentures are issued for consideration other than cash. Examples are allotment of debentures for assets purchased or…
A good engineer will never let you down, man! A Pump is a Heart of any plant and of course,…
Accounting aspects of issue of debenture may be studied from three different sides. 1. What would be the consideration? Ø Issued…
1. Credit rating. It is compulsory in the case of all issues of debenture. If a company has obtained more…
The company shall not issue secured debentures, unless it complies with the following conditions, namely:- a. An issue of secured…
Debenture [Section 71] 1. A company may issue debentures with an option to convert such debentures into shares, either wholly or…
The difference is where the damage occurs on the impeller. If it’s too severe case, pitting damage impellers. Let it…
If the pump is facing cavitation problem, you will hear an unusual noise similar to that you heard today; you…