Easy Office
LCI Learning

CRR in Redumption of Shares

This query is : Resolved 
Profile Image

Profile Image

(Querist)
15 July 2009 why is it necessary to create CRR at d time of Redmp. of share?
Profile Image

CA. B.SRINIVASULU

Profile Image

CA. B.SRINIVASULU (Expert)
15 July 2009 Before making the redemption the Companies Act insists that old capital should be intact. Therefore, we are creating CRR in lieu of earlier capital.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links