INDEBTEDNESS in Annual Return Form MGT-9

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Ganapati Ghatti

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Feb 25, 2016, 1:43:09 AM2/25/16
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Dear All,

Can anyone please clarify what is INDEBTEDNESS and what constitutes
INDEBTEDNESS in Annual Return.

Whether we have to consider long term loans or short term loans; OR whether secured loans or unsecured loans?


Thank you
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Ganapati Ghatti
Mobile: +91-8970797164

Sandip Mishra

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Feb 25, 2016, 1:49:45 AM2/25/16
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it is all debt whether secured or unsecured. But most of people write only secured loans

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Regards,


Sandip Kr. Mishra
Company Secretary


Ganapati Ghatti

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Feb 25, 2016, 2:32:41 AM2/25/16
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Thank you Sandip Ji.

But I wish to know what is the right approach as per Act / Rules.

Best Regards

Sandip Mishra

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Feb 26, 2016, 12:45:51 AM2/26/16
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Indebtness means total debt,, u need to mention total debt whether secured or unsecured

Ganapati Ghatti

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Feb 26, 2016, 12:48:42 AM2/26/16
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Short term or Long term or Both.?

Sandip Mishra

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Feb 26, 2016, 1:28:42 AM2/26/16
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