Equity to redeemable preference shares ?

Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com )   (3468 Points)

21 January 2013  

Can equity shares be converted to redeemable preference shares.

This has been asked in CS December 2012 exam of CL of Executive stage carrying 4 marks. Request your considered thoughts please.

Regards,