Issue of Debentures — Secretarial Practice STD 12 Commerce / Arts — Question
Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsSecretarial PracticeIssue of Debentures2 Marks
Question
Debenture Redemption Reserve
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Answer
Debenture Redemption Reserve is useful for the redemption of the debenture. It is created out of the profit of the company which has maintained a 25% minimum of the value of outstanding debenture in DRR.
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