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Liquidation of companies

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In illustration 5 , does this indicate the company is being bought by another company ?

20200916_233037.jpg

Swathi Krishna

Swathi Krishna

CA Final

8K+

16-Sep-20 23:31

298

Answers (4)

Yes


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

17-Sep-20 11:52

So What does this 'debenture on Mltd.' ? Shouldn't it be debentures of 'purchasing company'?

20200917_115454.jpg

Thread Starter

Swathi Krishna

Swathi Krishna

CA Final

8K+

17-Sep-20 11:56

Thanks sir


Thread Starter

Swathi Krishna

Swathi Krishna

CA Final

8K+

18-Sep-20 18:58

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