29 June 2011
Respected Experts In case a Co whose authorised Capital is permitting to issue Redeemable Pref Shares & there is no need to incerase its authorised capital to issue such shares & also its Article is permiting the co to issue Redeemable Pref Shares as per its own discreations - now is the Resolution passed by the co to issue redeemable pref shares will be treated as a Special Resolution or Ordinary Resolution in General Meeting & is the Co. to file form 23 for intimating ROC about the said resolution Thanks Debashis Mandal