In case a company has issued redeemable preference shares for 3 years and thereafter the same have not been redeemed and a period of 5 years have lapsed thereafter, wt should a CS do to rectify the same. How will the roll over of the aforesaid preference shares. please share ur views.
Menu
Roll Over of Preference Shares
Replies (1)
The default has already occurred and it is a prolonged and continuing one. The rectification process is only to call for the meeting of the preference holders and get their consent for extension and redeem the shares within the extended time.
Recent Topics :
- Sec 8 company sec 12ab reg
- AIS Password: How to Open Your AIS PDF?
- Interview Questions
- ITR Filing Last Date 2026
- Tds - filing Conso File for tax year 2026-27
- ITR-3 Filing For AY 2026-27 - Tips
- Capital Gain on sale of Depreciated Factory Gala
- Interesting Observation from a Recent Income Tax S
- ITR 3 Utility Not Taking Marginal Relief on Net To
- MV Electrosystems IPO Allotment Date, Status Check
Related Topics :
CAclubindia
