Redemption of preference shares

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VIRAL JOSHI (Querist)
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04 March 2014 Can preference shares issued at premium be redeemed at par ?

Any Company Law reference available in this regard ?

CS Ankur Srivastava (Expert)
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05 March 2014 Yes, preference shares issued at premium may be redeemed at par, as per the terms of issuance thereof.

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