Form 23
This query is : Resolved
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
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
29 June 2011
YES all major decisions must be passed through special resolution
29 June 2011
But sir system form is not showing sec.80 now what to do
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