A company issuing debentures with a maturity period of not more than 1 – InterviewSolution

InterviewSolution

1.	A company issuing debentures with a maturity period of not more than 18 months, in that case the creation of Debentures Redemption Reserve will be :A. 50% of the amount of debentures issuesdB. 25% of the amount of debentures issuedC. 100% of the amount of debentures issuedD. None of the above
Answer» Correct Answer - D

Discussion

No Comment Found

Related InterviewSolutions

As per SEBI Guidelines an amount equal to ........ Of the debenture issue must be transferred to Debenture Redemption Reserve before redemption begins.A. 0.25B. 0.8C. 0.5D. 1
A Company issuing debentures with a maturity period of not more than ......... Need not create Debenture Redemption Reserve.A. 2 monthsB. 6 monthsC. 12 monthsD. 18 months
A company issuing debentures with a maturity period of not more than 18 months, in that case the creation of Debentures Redemption Reserve will be :A. 50% of the amount of debentures issuesdB. 25% of the amount of debentures issuedC. 100% of the amount of debentures issuedD. None of the above
X Ltd.wants to redeem 5,000, 5% Debentures of Rs. 100 each at 5% premium. How much amount it must transfer to Debenture Redemption Reserve, if it has already a balance of Rs. 1,00,000 in Debenture Redemption Reserve Account?A. Rs. 4,00,000B. Rs. 1,50,000C. Rs. 2,00,000D. Rs. 2,50,000