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Preference shares

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(Querist)
06 October 2009 Is Redemption of preference shares without payment of the preference dividend possible?
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
06 October 2009 Yes it is possible provided all the preference shareholders agree for the same and that agreed resolution has to be filed to roc before making the redemption.

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