Dear All,
Please guide me in the following case.
In One Pvt. Ltd. Co., There is an increment in Autho. share capital for preference Shares. I have query that what should i write the Conditions in Point no. 7 in Form-5 for increase autho. capi. for 9% Redeemable Preference Shares.
Thanks in advance.
Hi
In point no.7 of Form -5 says that condition subject to which preference shares are issued, i will suggest you to wtite the condition which given in resolution passed in general meeting for issue of such shares.
Regards
Ohk.. I got the point... thank you v. much to both of you.
In point no.7 of Form-5 you should mention the conditions regarding the----
@ voting rights,
@ dividend rights,
@ winding-up rights, etc.)
subject to which new shares have been issued.
Click on this link:
https://ourprofessionalteam.com/phocadownload/1032-form5.pdf
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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