Menu
Pref Shares -whether it can be issued any conditions ?
Dear Sir,
A Pvt. Ltd. Co. is having an Authorized Share capital of 90 Lakhs Rupees and Paid up Equity Share capital of 90 Lakhs Rupees. In such a case can a pvt. ltd. company issue Pref shares or it has to 1st compulsorily increase Authorized Share capital.
Please reply
Rajesh Poddar
Email: rajeshpoddarceo @ yahoo.com
Replies (1)
Dear Rajesh,
In your case first you have to increase your Authorised Share capital and then only you can issue Preference shares.
Best Regards
Recent Topics :
- IPO application checklist: 18 rules that decide wh
- NSE IPO Price, GMP, Allotment Date and Listing
- Gst tax rate
- Cash deposited by customer
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
Related Topics :
CAclubindia
