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In illustration 5 , does this indicate the company is being bought by another company ?
Swathi Krishna
CA Final
★ 8K+
16-Sep-20 23:31
298
Answers (4)
Yes
CA Suraj Lakhotia
Admin
17-Sep-20 11:52
So What does this 'debenture on Mltd.' ? Shouldn't it be debentures of 'purchasing company'?
Thread Starter
17-Sep-20 11:56
Yes.
17-Sep-20 16:03
Thanks sir
18-Sep-20 18:58