State the provisions of the Companies Act, 2013 for the creation of 'Debenture Redemption Reserve'


As per Section 71 (4) of the Companies Act, 2013 and Companies (Share Capital and Debentures) Rules, 2014, every company issuing Debentures is required to create Debenture Redemption Reserve of at least an amount equal to 25% of the value of debentures issued at the time of redemption of debentures.