Capital redemption reserve

can crr be created by using security premiun.. Reply fast, i'm in middle of the question..
Replies (3)

as per what has been taught in our classes alternatively we can use crr to write off securities premium

In my opinion, No. CRR can be created out of divisible profit.  Please let me know if any body has a differnt opinion.   

As per Parveen sir NO, but as per Pankaj sir YES..

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