Debenture Redemption Reserve
This query is : Resolved
28 December 2010
Hi Expert..
Whether a Company needs to create Debenture Redemption Reserve(DRR) while the company issuing debenture to public. Now my doubt is the company suffering loses so it required to Create DRR.
Whether a Company needs to create Debenture Redemption Reserve(DRR) while the company issuing debenture to public. Now my doubt is the company suffering loses so it required to Create DRR.
02 January 2011
yes DRR creation is compulsory in case of issue of debenture. In case of loss no transfer to DRR.
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