Unreedemed preference shared

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ca
28 Points Joined March 2018

Please can someone explain section 55 of companies act2013 ,,- unredeemed preference shares in simple language

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On 18 May 2019 at 01:26 Report
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Ceo
3869 Points Joined February 2019
there is no such thing as unredeemed
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On 18 May 2019 at 02:55
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Chartered Accountant
86505 Points Joined April 2011
Simply means that any company limited by shares can issue reedeemable shares only(reedemable max. Within 12 years)
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On 23 May 2019 at 23:56
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7059 Points Joined January 2017
good clarification and information
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On 03 August 2019 at 23:31


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