CA Inter doubt
false
Can somebody explain point no. 2??..it's related to creation of crr for redemption of preference shares
Asked by Roshan19 Mar 2024494 views
2 answers
Roshan · 19 Mar 2024
And the sentence "provision relating to reduction of share capital shall apply as if crr were paid up share capital of company"..what does it mean?
Keerthana · 19 Mar 2024
Face value of preference share redeemed - face value of equity shares (if any issued for redemption purpose) shall be transferred to CRR
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