PROCEDURE FOR ISSUING REDEEMABLE PREFERANCE SHARES

Practise 2475 views 2 replies

WHAT IS THE PROCEDURE TO ISSUE REDEEMABLE PREFARNCE SHARES FOR A PRIVATE LIMITED COMPANY.

Replies (2)

You need to pass the Board resolution fixing the terms and conditions and allotment of preference shares. then file form 2 with the ROC.

However AOA should contain authority to Board for issuing different class of shares.

 

You need to pass the Board resolution fixing the terms and conditions and allotment of preference shares. then file form 2 with the ROC.

However AOA should contain authority to Board for issuing different class of shares.

 


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