According to Company Act, 2013- Section -17(4) and Rule 18(7) which ty – InterviewSolution

1.	According to Company Act, 2013- Section -17(4) and Rule 18(7) which type of companies debenture redemption reserve setup and 15% debenture redemption investment is not necessary?(A) Banking companies(B) Insurance companies(C) Electricity companies(D) Communication companies
Answer» Correct option is (A) Banking companies

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