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Debenture Redemption Reserve

Can someone explain what the dates mean in this paragraph

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TarunGopi Katragadda

TarunGopi Katragadda

CA Inter

115

04-May-21 17:01

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Before 30th April, mentioned companies are required to invest / deposit amount not less than 15% of amount of debentures that are maturing on 31st March of next year and such amount of investment / deposit shall not fall below 15% through the year. In short, actual funds are set aside for the purpose of debenture redemption to the extent of 15% of amount of deb. due


Sahibdeep Singh

Sahibdeep Singh

Moderator

04-May-21 19:26

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