Resemption of preferance shares
This query is : Open
MUKESH JOSHI
(Querist)
08 January 2014
I want to know that Private Company have issued Redeemable Preference Shares on 24/03/2004, so what is the last date which Preference Shares to be Redeemed.
Secondly, we have enough brought forward profit from which Preference Shares can be redeemed, so can any one give the format of Board Resolution and procedure to be followed it this regard.
It is very urgent.
Secondly, we have enough brought forward profit from which Preference Shares can be redeemed, so can any one give the format of Board Resolution and procedure to be followed it this regard.
It is very urgent.
Nikhil Kaushik
(Expert)
08 January 2014
depends on the terms at which preference shares were issued.
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