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Select the correct answer from the option given below and rewrite the statement:Money from ___________ Account is used for redemption of debentures - Secretarial Practice

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Question

Select the correct answer from the option given below and rewrite the statement:
Money from ___________  Account is used for redemption of debentures

Options

  • Capital

  • Debenture Redemption Reserve

  • Profit or loss

MCQ

Solution

Money from Debenture Redemption Reserve Account is used for redemption of debentures

shaalaa.com
Provisions for Issue of Debentures as per Companies Act, 2013
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Chapter 4: Issue of Debentures - Exercises [Page 76]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 4 Issue of Debentures
Exercises | Q 1. A) 3. | Page 76
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