whether equity shares already issued can be converted into redeemable preference shares? ans. with the help of decided case law
Menu
Pls guys help me it's urgent
Replies (4)
no there is no provision for conversion of equity share. you can buy-back equity share and then issue redeemable preference shares
Equity share is a permanent capial of company. It can not be converted.
It amounts to reduction of capital sec 100
There is no conversion of equity shares....so equity shares cannot be converted,, u can just buy back and redeemed the shares
Recent Topics :
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
Related Topics :
CAclubindia
