PRIVATE PLACEMENT OF PREFERENCE SHARES
This query is : Resolved
CA SATBIR SINGH SAINI
(Querist)
05 March 2010
Dear Friends,
Please send me procedure, provisions and section regarding private placement of preference shares issued by public listed company. Please send me details as soon as possible
regards
ca satbir singh
Please send me procedure, provisions and section regarding private placement of preference shares issued by public listed company. Please send me details as soon as possible
regards
ca satbir singh
Ankur Garg
(Expert)
05 March 2010
Download checklist from the link below:
https://www.caclubindia.com/share_files/preferential-allotment-checklist-11699.asp
https://www.caclubindia.com/share_files/preferential-allotment-checklist-11699.asp
05 March 2010
Dear Ankur,
Will the procedure be also applicable for preference shares? And specially when they are not to be listed.
Will the procedure be also applicable for preference shares? And specially when they are not to be listed.
Ankur Garg
(Expert)
05 March 2010
Dear Rasesh,
Not at all applicable to preference shares. Let me know the exact query about preference shares. I'll try and figure out something from law books.
Regards
Not at all applicable to preference shares. Let me know the exact query about preference shares. I'll try and figure out something from law books.
Regards
06 March 2010
The original query of Mr. Sabtir was regarding private placement of preference shares issued by public listed company to which you had provided the details for preferential issue of equity shares.
Hence, I had requested a clarification as to whether these would be applicable to the private placement of preference shares issued by public listed company also.
Hence, I had requested a clarification as to whether these would be applicable to the private placement of preference shares issued by public listed company also.
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