Business Studies, asked by firdosshaikh93, 11 months ago

Internal Reconstruction short note

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Answered by ItsShreedhar

1

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Internal reconstruction can be defined as the reorganization of the company, without liquidating the existing company and forming a new one. ... In internal reconstruction, the capital of the company is reduced, and external liabilities such as debenture holders and creditors waive their claims by giving a discount

Answered by Anonymous

6

Explanation:

Internal reconstruction can be defined as the reorganization of the company, without liquidating the existing company and forming a new one. ... In internal reconstruction, the capital of the company is reduced, and external liabilities such as debenture holders and creditors waive their claims by giving a discount

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