Regarding issue of preference shares
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 December 2009
1.Can a private ltd company isssue reedemable cumulative preference shares?
2.What would be the procedure under the companies law?
3.When is DDT required to be paid?
2.What would be the procedure under the companies law?
3.When is DDT required to be paid?
23 December 2009
1) Yes
2) Board Resolution for allotment of shares, Filing Form 2 with ROC
3) DDT is to be paid within 15 days of declaration or payment of dividend.
2) Board Resolution for allotment of shares, Filing Form 2 with ROC
3) DDT is to be paid within 15 days of declaration or payment of dividend.
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