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Company issues 1000 Debentures of Rs. 100 at 10 % Discount and to be redeemable after 5 years at 20 % Premium. Loss on issue is to written off in 5 equal installments over 5 Years maturity period. In these kinds, the debenture holder’s details, such as an address, name, particulars of holding, etc., are filed in a register. The interest paid to debenture holders is calculated as a charge against profit in the company’s financial statements. It is required that this interest is paid prior to dividends being slots capital casino paid to shareholders. Big win casino online.
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