ours is a listed company and we recently gone for postal ballot for getting ascent of the share holders to issue preferential shares to banks against their unpaid interest.
but due to a wrong calculation in interest portion by us, the postal ballot notice was issued for lesser no of shares than the actual no of shares. and the ascent is obtained from share holders and the in Principal approval from SEBI is also taken. only allotment is pending.
CAclubindia
