WHAT IS THE PROCEDURE TO ISSUE REDEEMABLE PREFARNCE SHARES FOR A PRIVATE LIMITED COMPANY.
CA Shree Jain
(Chartered Accountant)
(1572 Points)
Replied 22 June 2010
You need to pass the Board resolution fixing the terms and conditions and allotment of preference shares. then file form 2 with the ROC.
However AOA should contain authority to Board for issuing different class of shares.
CA Shree Jain
(Chartered Accountant)
(1572 Points)
Replied 22 June 2010
You need to pass the Board resolution fixing the terms and conditions and allotment of preference shares. then file form 2 with the ROC.
However AOA should contain authority to Board for issuing different class of shares.
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