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 :
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
Related Topics :
CAclubindia
