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| 1. |
Z Ltd. had issued following debentures: (a) 1,00,000, 10% fully convertible debentures of ₹ 100 each on 1st April, 2016 redeemable by conversion after 5 years. (b) 20,000, 10% Debentures of ₹ 100 each redeemable after 4 years, 25% Debentures in Cash and 75% by conversion. State the amount of DRR required to be created as per the Companies Act,2013. |
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