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Why we r creating CRR? In redemption of Pref SC


Kavi Dharshini

Kavi Dharshini

CA Inter

11K+

07-Oct-23 10:16

298

Answers (2)

It is a mandatory to he created as per law. By creating this reserve we are setting aside some amount to redeem reference share holders We are giving a security to them that at the time of winding up of company their amount has a guarantee


Thank you


Thread Starter

Kavi Dharshini

Kavi Dharshini

CA Inter

11K+

07-Oct-23 13:30

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