Question

holders.
creditor
Rs. 90,000. Rate of dividend paid on unsecured creditors 570
2.
A Company went into voluntary liquidation on 30-9-2016. Ad
amount of Rs, 2,00,000 was still to be paid on 12.5% Debentures issued
by the company. Unsecured creditors were Rs, 1,00,000. Last interest on
debentures was paid on 30-9-2015.
The principal amount with interest was paid to debentureholders on
31-3-2017. If liquidator has on hand Rs, 1,00,000 after making payment
of the principal amount of debentures, how much amount will be paid
towards interest on debentures and to the unsecured creditors?
How much minimum amount of cash the liquidator should have if the
interest upto 31-3-2017 is desired to be paid to the debenture holders?
Uni.. T.Y., April, 1990)
(A
102).)
. 7.
Credit
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Rate d​

Answer 1

Answer:

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