Preference shares
This query is : Resolved
Monika Bachhawat
(Querist)
05 September 2012
My company wants to issue Optionally Convertible Redeemable Preference Shares.
There is a clause in my AOA, which states that I can issue Redeemable Preference Shares.
My question is that can my company issue Optionally Convertible Redeemable Preference Shares or should I alter my articles.
There is a clause in my AOA, which states that I can issue Redeemable Preference Shares.
My question is that can my company issue Optionally Convertible Redeemable Preference Shares or should I alter my articles.
Ajay Mishra
(Expert)
05 September 2012
Hi
No need to alter your company,s articles.
No need to alter your company,s articles.
SANYAM ARORA
(Expert)
05 September 2012
Yes no need to alter
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