What is meant actually when we say that debentures are redeemed out of profits or out of capital? Why is it neccessary to transfer amount to General Reserve equal to the face value of debentures redeemed?
3 Replies
sreenivas CA CS
(artical trainee)
(27 Points)
Replied 14 March 2013
Too keep the capital strecture same
who is your favourite actor in
(article student)
(37 Points)
Replied 14 March 2013
To keep capital block same
Mihir Manohar
(CA Final - Article Assistant)
(474 Points)
Replied 16 March 2013
But still how does the capital structure remains same?
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