In DK Goel they've said that - Company issuing debentures with a maturity period of not more than 18months is - Accountancy - Issue and Redemption of Debentures

Question

In DK Goel they've said that - Company issuing debentures with a
maturity period of not more than 18months is exempted from creating
DRR but in T S Grewal they've created DRR in question 2 pg 9 28
which is correct???? plss tell

Kartik · Answer

acc to companies act 2013 there is no provision for not creating
drr of maturity period of 18 months

ts grewal is absolutely right acc to revised sylaabus

In DK.Goel they've said that - Company issuing debentures with a maturity period of not more than 18months is exempted from creating DRR. but in T.S Grewal they've created DRR in question 2 pg.9.28 which is correct???? plss tell

In DK.Goel they've said that - Company issuing debentures with a maturity period of not more than 18months is exempted from creating DRR. but in T.S Grewal they've created DRR in question 2 pg.9.28
which is correct???? plss tell