31 January 2018
Hello sir/mam My query is: Preference shares are issued to whom? Can preference shares be issued to existing equity shareholders? Is the financial institution only the mediator between company and investor? Can preference share be directly issued to public? Thank you
31 January 2018
Subject to the provisions of the Company Law Preference shares can be issued to any person. Preference shares can be issued to existing equity shareholders. Preference share can be directly issued to public subject to provision of Company Law , SEBI etc. Thank you
CAclubindia
