Hi,
Im an NRI, some partners in my company are trying to do a takeover via conversion of preference shares at very low price illegally, anyway don't worry details, it seems they hit a roadblock which i think works in my advantage, they cannot issue shares below rs 10? is that correct in india? I have a board meeting monday? I will try to railroad them and get RBI involved and my lawyers to stop this malicious practice, i am new here, thanks for any assistance I need asap! :) rgds
CAclubindia
