Can a Company allot Redeemabale preference shares by passing a circular Resolution.
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Circular Resolution
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YES FOR MORE INFO:-
https://www.moneycontrol.com/company-facts/summitsecurities/history/SS56
https://www.rinfra.com/pdf/postal-ballot/Postal_Ballot_Notice_051207.pdf
Thanks Mr Verma
But your R infra link is saying about Postal Ballot and not for Circular resolution (which is the query asked).
Regards- Sudhir
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