Redeem example sentences

Redeemable debentures are those which are payable on the expiry of the specific period either in lump sum or in Instalments during the life time of the company.Section 117C will apply to debentures issued and pending to be redeemed and, therefore, DRR will also be created for debentures issued prior to 1 1 2000 and pending redemption.For example, if the debentures are to be redeemed after 10 years then out of the total amount of discount of Rs.The total amount of debenture liability is divided by the number of years it is to 114 Accountancy : Company Accounts and Analysis of Financial Statements last and the actual debentures redeemable are identified by means of drawing the requisite number of lots from out of the debentures outstanding for payment.When the debentures are redeemed at the end of a specified period, the total amount of discount should be writtenoff in equal instalments of fixed amount over that period.Sufficient funds are required to redeem debentures at the end of a specified period.Redeemable debentures are those which are payable on the expiry of the specific period either in lump sum or in Instalments during the life time of the company.Irredeemable debentures are also known as Perpetual Debentures because the company does not given any undertaking for the repayment of money borrowed by issuing such debentures.Debentures can be redeemed either at par or at a premium.Non-convertible debentures Where a company issued debentures after the commencement of this Act, it shall create a Debenture Redemption Reserve for the redemption of such debentures, to which adequate amount shall be credited, from out of its profit every year until such debentures are redeemed.Every company shall create Debenture Redemption Reserve in case of issue of debenture redeemable after a period of more than 18 months from the date of issue.It may be noted that when debentures are issued at a discount and are redeemable at a premium, the amount of discount issue is also debited to 'Loss on Issue of Debentures'.It may be noted that when the debentures are issued at a discount and are redeemable at par, the amount debited to 'Discount on Issue of Debentures A/c' as usual.Irredeemable debentures are also known as Perpetual Debentures because the company does not given any undertaking for the repayment of money borrowed by issuing such debentures.Debentures are of various types such as: secured and unsecured debentures redeemable and perpetual debentures, convertible and non-convertible debentures, zero coupon rate and specific rate, registered and bearer debentures.