The Financial Statements are prepared in Indian AS. Some portion of redeemable pref. shares are shown in other equity ( as the equity portion of the compound financial instrument) and the remaining portion in Long term Borrowings(as liability component of compound Financial Instrument).
So the query is while preparing MGT-9 to calculate indebtedness whether we have to take the number of redeemable pref shares shown in Long term borrowings in Secured loans?
Even for that matter the amount of indebtedness in MGT-7?
What will be the paid-up capital of the Company?
Only Equity Share Capital '