plz tell the maximum time limit fr redemption of preference shares?as per co. act?
CA Final
(CA Final Student)
(856 Points)
Replied 03 September 2010
vkbothra
(Learning )
(690 Points)
Replied 03 September 2010
artical regarding irredeemable preference shares
https://www.vakilno1.com/bareacts/companiesact/s80a.htm
Presentation on preferences shares
https://www.icai.org/resource_file/16779Preference_Shares.pdf
;)
Prashant Deo Pandey
(MBA-Finance)
(372 Points)
Replied 04 September 2010
RAMESH POLINENI
(ca)
(352 Points)
Replied 04 September 2010
If the company has issued redeemable preferance shares then the company should redeeme that as per terms and conditions of issue and if the company has issued irredeemable preferance shares then the company should redeem it with in a period of 20 years from the date of issue
CAclubindia
