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What is meant by redemption of debentures by lump sum payment?

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

Under this method, the Company redeems whole of its Debenture in one lump-sum at the expiry of a specified period, i.e., at maturity date of the debentures or earlier at the option of the company.



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Previous PostName any two Companies are exempted from creating Redemption Reserve’ by the SEBI.
Next PostWhat is the balance of Debenture Redemption Reserve transferred to General Reserve?

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