Archives Answers

Solution:- Nil Explanation:- Housing Finance Corporation (listed and unlisted) are exempted from creating DRR for the purpose of Redemption of Debentures

Solution:- (a) DRR is not required in the redemption of convertible debentures. (b) DRR = 10% of (20,00,000 * 25%) DRR = ₹ 50,000 DRR is to be created for the non-convertible part of the debentures outstanding.

Solution:- Solution:- DRR = 10% of ₹ 25,00,000 DRR = ₹ 2,50,000 Explanation:- Unlisted Companies other than NBFC and HFC are required to create DRR equal to 10% of the value of the outstanding Debentures.

Solution:- Nil Explanation:- Listed companies are exempted to create DRR for the purpose of Redemption of Debenture.

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