Redemption of shares and debentures

CHAITRI SUDHAKARBHAI KHAROD (ARTICLE) (752 Points)

14 May 2020  
for redemption of debentures, we create debenture redemption fund and also invest it and reinvest it along with interest....but my question is....In case of shares if we are to redeem it at premium which have been already issued at par..then we don't create any fund and reinvest it....why????