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REDEMPTION OF PREFERENCE SHARES

Issue of equity shares at premium for redeeming preference shares, whether the premium amount will be used for repaying


GOKULA LAKSHMI

GOKULA LAKSHMI

CA Inter

220

30-Mar-21 15:15

30

Answers (10)

For repayment yes


Suraj Lakhotia

Suraj Lakhotia

Admin

30-Mar-21 15:22

For CRR no


Suraj Lakhotia

Suraj Lakhotia

Admin

30-Mar-21 15:22

Sir could u explain what does it means

Attachments

20210330_152323.jpg


GOKULA LAKSHMI

GOKULA LAKSHMI

CA Inter

220

30-Mar-21 15:24

Sir could u explain what does it means

That is for CRR purpose only.


Suraj Lakhotia

Suraj Lakhotia

Admin

30-Mar-21 15:50

This is that sum

Attachments

illu 2.jpg


GOKULA LAKSHMI

GOKULA LAKSHMI

CA Inter

220

30-Mar-21 16:11

This is that sum

My doubt is in the recorded class video no:6 in that. we use securities premium for repayment of shares as same the sum which I attached y they don't do


GOKULA LAKSHMI

GOKULA LAKSHMI

CA Inter

220

30-Mar-21 20:22

My doubt is in the recorded class video no:6 in that. we use securities premium for repayment of shares as same the sum which I attached y they don't do

The sum which you attached has been solved in video 5. The question in video 6 has different facts, suggest you to watch it again and ping here if the confusion still remains.


Sahibdeep Singh

Sahibdeep Singh

Moderator

31-Mar-21 11:58

Sir in video no 5 :Fv of redemption of PS /FV of Eq.S Video no 6: timing 9:18 no of shares to be issued = 37500/60 (whereas FV=50 PREMIUM=10 )my doubt is y we r doing as 37500/50


GOKULA LAKSHMI

GOKULA LAKSHMI

CA Inter

220

31-Mar-21 13:02

For CRR we take FB


Suraj Lakhotia

Suraj Lakhotia

Admin

31-Mar-21 13:05

For CRR we take FV. For cash in hand we take full amount.


Suraj Lakhotia

Suraj Lakhotia

Admin

31-Mar-21 13:06