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Question
As per SEBI Guidelines in case of an unlisted company, an amount equal to ______ of the debentures outstanding must be transferred to Debenture Redemption Reserve before redemption begins.
Options
25%
50%
10%
100%
MCQ
Fill in the Blanks
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Solution
As per SEBI Guidelines in case of an unlisted company, an amount equal to 10% of the debentures outstanding must be transferred to Debenture Redemption Reserve before redemption begins.
Explanation:
As per SEBI Guidelines, in the case of unlisted companies (other than NBFCs and HFCs), an amount equal to 10% of the debentures outstanding must be transferred to the Debenture Redemption Reserve (DRR) before the redemption begins.
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