Preference share

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Nilima (Querist)
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22 February 2010 I am not getting answer for these question can anyone help me in this

Can company give dividend to preference shareholders out of reserve without paying it to equity shareholders when there are losses?

At the time of issue of preference share on what basis % is to be decided?

M Prabhakar Menon

M Prabhakar Menon (Expert)
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23 February 2010 Yes, if your company's shares are listed then pl read the listing conditions also as there may be some related conditions.

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