Dee Ltd. decided with the approval of the Tribunal and the sanction of the parties concerned, upon
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Dee Ltd. decided with the approval of the Tribunal and the sanction of the parties concerned, upon a scheme of reconstruction as at 31st March, 2016. The summarised Balance Sheet of Dee Ltd. as at that date is as under:
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I. EQUITY AND LIABILITIES (1) Shareholders' Funds: (a) Share Capital (b) Reserves and Surplus - Capital Reserve Profit and Loss (2) Share Application Money Pending Allotment : (3) Non-current Liabilities: (a) Long-term Borrowings- 10% First Mortgage Debentures 10% Convertible Debentures (4) Current Liabilities: Balance Sheet of Dee Ltd. as at 31st March, 2016 Particulars (1) (a) Short-term Borrowings-Loan from Bank (Secured) (b) Trade Payables - Creditors (c) Other current kliabilities - Accrued Interest on Debentures TOTAL II. ASSETS (1) Non-current Assets: (a) Fixed Assets (2) Current Assets: TOTAL Accrued Interest on Convertible Debentures (i) Tangible Assets - Land, Building and Machinery (i) Intangible Assets -- Goodwill (a) Current Investments (b) Inventories-Work-in-Progress (c) Trade Receivables ---Debtors Note No. (2) (1) Amount (3) 12,40,000 68,000 (2,53,000) 3,15,000 6,38,000 1,00,000 94,000 5,950 15,050 22,23,000 9,45,000 3,80,000 3,98,000 3,20,000 1,80,000 22,23,000
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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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