What do you mean by Capital Redemption Reserve ? How it can be utilised as per Companies Act, 2013 and presentation in financial statements ?

If preference shares are proposed to be redeemed out of the profits of the company, a sum equal to the nominal amount of the shares to be redeemed shall be transferred to a reserve called the Capital Redemption Reserve account out of the profits of the company and the provisions relating to reduction of share capital of a company shall apply as if the Capital Redemption Reserve Account were paid-up share capital of the company. The Capital Redemption Reserve can be utilized for: Capital Reduction A/c for internal reconstruction, In paying up unissued shares of the company to be issued to members of the company as fully paid bonus shares Capital Redemption Reserve to be shown in balance sheet liabilities side under the head "Reserve and Surplus".