Hello friends, wiriting after very long for your valauble advice.
Plz confirm do we need to file MGT-14 and eform SH-7 in case of redemption of prefrence shares out of profits available for distribution.
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Redemption of preference shares out of profits
Replies (1)
Dear Jasjeet,
Yes, you need to file MGT-14 (Special resolution need to be pass) and SH-7
File Form with Registrar:
♠ File MGT-14 with Registrar within 30 days of passing of Special Resolution.
Attachments:
- Notice of General Meeting along with Explanatory Statement.
- Certified True copy of Special Resolution.
- Minutes of General Meeting
♠ File SH-7 with Registrar within 30 days of passing of Special Resolution.
- Certified True copy of Special Resolution.
- Minutes of General Meeting
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