Redemption of Pref.sh u/s 80

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sanket (Querist)
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17 April 2009 Can Pref. shares be redeem from issue of Right shares in cash

Jagruti (CS) (Expert)
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17 April 2009 yes, you can redeem Preference shares by fresh issue of shares provided it is redeemed within one month after the issue of new shares

Manmohan ACA, CS (Expert)
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17 April 2009 Yes it can be redeemd from issue of right share in cash

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