DRR amendments

The rates have changed for some categories. YOu can refer to our notes for the latest amendments.

CA Suraj Lakhotia

Admin

31-May-20 09:45

Sir can just explain I wasn't able to understand in the notes. Sorry

aman kawad

CA Inter

★ 7K+

26-Jun-20 20:03

% is the amount of Debentures All India financial institutions: For public or private => Not required Other financial institutions and housing financial institutions => Issued prior to 16/8/2019 => 1) Public = 25% 2) Private = Not required => Issued after to 16/8/2019 => Public or private => Not required Listed public companies => Issued prior to 16/8/2019 => 1) Public = 25% 2) Private = Not required => Issued after to 16/8/2019 => Public or private => Not required Unlisted companies => Issued prior to 16/8/2019 => 1) Public = 25% 2) Private = Not required => Issued after to 16/8/2019 => Public or private => 10%

Lavanya Chitturi

CA Inter

★ 895

27-Jun-20 11:03

So ma'am according to date we ha e to create the reserve for the debentures maturing that year? Maam but the study text doesn't mentions anything about 10% to be kept aside for debentures? It states 25%?

aman kawad

CA Inter

★ 7K+

27-Jun-20 13:11

https://www.mca.gov.in/Ministry/pdf/ShareCapitalRules_16082019.pdf These are the Amended DRR guidelines. Study material many not be updated

Sriram Somayajula

Admin

27-Jun-20 19:48