Dear Professional Colleagues
I have a query with regards to issue of preference shares under the erstwhile Companies Act, 1956. A company wants to issue preference shares in March 2014. What compliances are required to issue pref shares besides alteration of Capital Clause in Memorandum.
Monika, there can be no right way to do a wrong thing. Such public forums are not meant for discussing anything which is not as per the spirit of the law.
Anupam Parashar & Co.
Ghaziabad
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Subrahmanyam & Sivudu CA Firm
Hyderabad
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