First Notes - 19 May 2014 | KPMG | IN

First Notes - 19 May 2014

First Notes - 19 May 2014

Revision in the Rules on creation of debenture redemption reserve


Also on

The Companies (Share Capital and Debentures) Rules, 2014 (‘Rules’) issued by the Ministry of Corporate Affairs (MCA) on 27 March 2014, required companies to create debenture redemption reserve (DRR) equivalent to at least fifty per cent of the amount raised through the debenture issue.

© 2018 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Connect with us


Request for proposal