Question

(Investment to be made for Redemption of Debentures).
X Ltd. Had issued on 1st April, 2016, 20,000, `9%` Debentures of Rs. 100 each redeemable by draw of lots as under :
(i) During the ending on 31st March, 2018 - `15%`
(ii) During the ending on 31st March, 2019 - `25%`
(iii) During the ending on 31st March, 2020 - `15%`
(iv) During the ending on 31st March, 2021 - `21%`
(i) During the ending on 31st March, 2022 - `20%`
What is the minimum investment or deposit that should be made by X Ltd. as per the Conpanies Act, 2013 before redemption of debentures and When ?

Answer 1

Answer:

fbg s g. s. h r r fgghtfg h g d hjyg g h t fghhhgfWaves : Waves are the rise and fall of the water on the surface of the ocean. Waves are formed when winds scrape across the ocean surface. The stronger the wind blows, the bigger the wave becomes. During the storm, the winds blow at very high speed and therefore huge waves are formed.