These are the options for the Question : As per Companies Act 2013, Securities Premium Balance can be utilised for which of the following purpose? a) Issuing bonus to existing shareholders to convert partly paid up into fully paid-up bonus shares. b) Providing for Premium payable on Redemption of Debentures. c) Writing off all Capitalised Expenditures d) Buy Back of Debentures The correct answer is – b) Providing for Premium payable on Redemption of Debentures.
