Can a pvt ltd company which is a share holder of an public unlisted Company issue preference shares
Issue of preference share by an unlisted public company
Ramesh Sharma (Office Administrator) (37 Points)
30 November 2012Ramesh Sharma (Office Administrator) (37 Points)
30 November 2012Can a pvt ltd company which is a share holder of an public unlisted Company issue preference shares
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17853 Points)
Replied 30 November 2012
Yes, any company can issue preference shares, however, Articles must provide for the same.
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