Preference Shares
This query is : Resolved
Abhishek Saxena
(Querist)
23 February 2010
What is the procedure for issue of preference shares by a Limited company?
Ankur Garg
(Expert)
23 February 2010
Hi,
Return of allotment is required to be submitted u/s 75 by filing form-2 with concerned Registrar of Company.
Procedure
1. First convene board Meeting for allotment of preference shares and pass necessary resolution for allotment.
2. Download form-2 from MCA Site www.mca.gov.in
3. Fill form-2 and attach list of allottee.
4. Get form-2 certified from practicing CS/CA and upload the same on MCA Site.
Regards
Return of allotment is required to be submitted u/s 75 by filing form-2 with concerned Registrar of Company.
Procedure
1. First convene board Meeting for allotment of preference shares and pass necessary resolution for allotment.
2. Download form-2 from MCA Site www.mca.gov.in
3. Fill form-2 and attach list of allottee.
4. Get form-2 certified from practicing CS/CA and upload the same on MCA Site.
Regards
CA Gangadhar Mishra
(Expert)
23 February 2010
agreed with expert
Jagruti (CS)
(Expert)
24 February 2010
Just to inform that before issue of Pref Shares kindly confirm that your articles provide for issue of Pref Share otherwise need to amend AoA.
Abhishek Saxena
(Querist)
24 February 2010
Thanks Ankur, Gangadhar & Jagruti.
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