Debenture Redemption Reserve - Logic

Hi, all.

Why we create DRR ? What is the logic behind the creation - Is it staturily required? If Ans is YES, Pl mention Section No. and What is the calculation method for the creation ?

Thnx n regards,

Neha Sharma

Mumbai

 

Replies (1)

Hi Neha

Yes it is required to create Debenture Redemption Reserve u/s. 117C of the Companies Act

Suresh

9987091267

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