whether equity shares already issued can be converted into redeemable preference shares? ans. with the help of decided case law
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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
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
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