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متابعة

What is a "Capital Redemption Reserve"? What purpose does it serve?

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تم إضافة السؤال من قبل VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
تاريخ النشر: 2014/11/27
Khaled Mohee Eldeen Abbas Mahmoud
من قبل Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

The capital redemption reserve is a non-distributable reserve and represents paid up share capital.

Malik Khalid Mahmood
من قبل Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

To repay the money if the company wants to cancell the shares or wants to reduce its share capital, the money reserved for redemption of shares, be utilized to reduce the shares by making the payment to its investors.

Mohammed Salim Allana
من قبل Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

I agree with Mr. Malik, it is a specific purpose reserve and reserved for redemption of Shares and applied when it is needed to buy back the issued shares.

FITAH MOHAMED
من قبل FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

AGREE WITH MR MALIK & MR KHALED ANSWERS  

المزيد من الأسئلة المماثلة