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    Exemptions to Section 8 Company

    Posted By : Juhee Goyal / Published on : 05-Sep-2022 05:58 AM / View : 178 / Comment : 1

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    Dear Everyone!

    Can a Section 8 Company can issue redeemable preference shares?
    Read more on : company section exemptions

    • Dear Juhee,

      Since there is restriction in section 8(1) for distribution of profits and payment of any dividend to its members, the company cannot issue redeemable preference shares.

      Hope you found it helpful

      06-09-2022 / 04:58:36 AM
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