A Company issuing debentures with a maturity period of not more than ______ need not create Debenture Redemption Reserve.

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KollegeApply · Accepted Answer

A Company issuing debentures with a maturity period of not more than 18 months need not create Debenture Redemption Reserve. Explanation: As per the Companies (Share Capital and Debentures) Rules, no Debenture Redemption Reserve (DRR) is required for debentures with a maturity period of not more than 18 months, since they are considered short-term debentures.

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