Page 189 - DCOM205_ACCOUNTING_FOR_COMPANIES_II

Accounting for Companies – II

notes Secured by a following charge and unsecured creditors*
Debenture-holders secured by a floating charge (as per List ‘D’)

Estimated surplus/deficiency as regard debenture-holders.
Unsecured creditors (as per List ‘E’):
Estimated unsecured balance of claims of creditors
Partly secured creditors on specific assets,
brought from preceding page
Trade Account —
Bills Payable —
Outstanding Expenses —
Contingent Liabilities (statement nature) `

Estimated Surplus/deficiency as regards creditors
[being difference between gross assets brought from
preceding page (d) and gross liabilities as per column (e)] ` —
Issued and Called up Capital: ` —
-------------- Preference shares of -------------- each
-------------- Called-up (as per List ‘F’ )
-------------- Equity shares of -------------- each ---------

-------------- Called up (as per List ‘G’)
Estimated surplus/deficiency as regards member (as per List ‘H’)
!

Caution Section 529 provides that workmen’s dues and dues to secured creditors shall be
paid in full, unless the assets are insufficient to meet them, in which case they shall abate
in equal proportions.

9.5.2 List ‘H’ Deficiency/Surplus Account

Statement of Affairs List ‘H’: The period covered by this account must commence on a date not
less than three years before the date of winding up order (or the order appointing Provisional
Liquidator or the date directed by the Official Liquidator), or if the company has not been
incorporated for the whole of that period, the date of formation of the company, unless the
Official Liquidator otherwise agrees.

Items contributing of deficiency or (Reducing Surplus): `
1. Excess (if any) of Capital and Liabilities over assets on the
—————— 19————— as shown by Balance Sheet (copy annexed).

2. Net dividends and bonuses declared during the period ——————19———
to the date of the statement.
3. Net trading losses (after charging items shown on note below) for the same period.
4. Losses other than trading losses written off, or for which provision has been made in the
books during the same period (give particulars or annex schedule).

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