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Redemption of Preference Shares

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(Querist)
23 March 2011 How to Redeem the Redeemable Cumulative Preference Shares without Fresh Issue of Capital or Accumulated Reserves/Profit
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Rasesh

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Rasesh (Expert)
23 March 2011 Not possible to redeem preference shares without fresh issue or profits.

Extend them for few more years. Comply with the procedure for variation in rights of members.

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