Is extention of period for redemtpion of preference shares possible under new companies act 2013.??
Redemption of preference share
CA. Vaishali Shah (Chartered accountant in practice) (75 Points)
10 January 2015CA. Vaishali Shah (Chartered accountant in practice) (75 Points)
10 January 2015Is extention of period for redemtpion of preference shares possible under new companies act 2013.??
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 12 January 2015
Yes, you can pass resolutions u/s 48 of the new Act for this.