Complusoriily convertible preference shares
This query is : Resolved
04 October 2010
Hi..can anyone tell me whether a private limited company can issue compulsorily convertible preference shares?if yes kindly tell me relevant guidelines regarding the same?
08 October 2010
Hi
Generally the provisions of section 81 of the Companies Act, 1956 is not applicable to Private Limited Company, but if you want to issue preference shares you can do so in accordance with the provisions of this section.
Regards
Generally the provisions of section 81 of the Companies Act, 1956 is not applicable to Private Limited Company, but if you want to issue preference shares you can do so in accordance with the provisions of this section.
Regards
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- How to reclaim rent paid on behalf of a registered person?
- Non receipt of net payment but TDS filed later and ITR revised return not filed
- Form 26b submission
- GST implication in case of Proprietor
- TDS u/s 194IB
- Interest On TDS under section 201(1A)
- NSC interest taxability at maturity
- Trust audit of Mumbai
- Difference in invoice
- Partnership Deed -Additional Reg
- Cash Limit for event
- Charitable Trust Act,1950 with rules 1961 of Societies Act
- Clerical mistake in GSTR 1 entered
- Director's remuneration and RPT
- Amendment in GSTR1A
- GST adjudication monetary limit
- BSR AND CHALLAN SERIAL NUMBER IN CASE OF BANK ATTACHMENT ?
- CA FINAL Group-1 Completed
- B2C Large Invoice Reporting Requirement
- Different payment bank or method used rather than AD Code registered bank
Trending Online Classes
CAclubindia
