Do private companies need to maintain debenture redemption reserve ??
Shubham Jha (127 Points)
25 June 2021
do private companies need to maintain debenture redemption reserve ??
1 Replies
prasad Nilugal
(3924 Points)
Replied 25 June 2021
If you have issued redeemable debenture , then you have to set aside Debenture redemption reserve out of Profit and loss Appropriations A/c every year till year of redemption , I think it's mandatory as per the Company act 2013 .
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