📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      According to RULE 18(7)(C) of the Companies (Share

      Capital and Debentures) Rules, 2014, every company required to create/maintain debenture redemption reserve shall before the 30th day of April of each year deposit or invest at least _____ of the amount of its debentures maturing during the year ending on the 31st day of March next year.
      A 10% Correct Answer Incorrect Answer
      B 15% Correct Answer Incorrect Answer
      C 25% Correct Answer Incorrect Answer
      D 5% Correct Answer Incorrect Answer

      Solution

      The correct answer is B

      Practice Next
      More Accounts Questions