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Debenture Redemption Reserve
what type of companies are exempted for creating DRR
Replies (4)
I don't think any company is exempted from creating DRR. The Act says every INDIAN company issuing debentures has to create DRR. therefore it seems that they have exempted Foreign companies. and secondly they exempt Public financial institutions & NBFC (only in case of privately placed debentures).
Dear Sir,
can you please tell me about that what is NBFC.
can you please tell me about that what is NBFC.
non banking finance company
why DRI is always purchased on 30th April
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