Lex comply

    Redemption of Preference Shares

    Posted By : SHALU / Published on : 03-Jul-2021 12:10 PM / View : 85 / Comment : 0
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    Dear Learned Members,

    What is remedy available to the private company in case it fails to redeem its preference shares on due date due to Covid-19 Period cash crunch situation.

    Is there any non - NCLT route to extend the redemption period with the consent of Preference Shares? Only approval of preference shareholders in general meeting is enough?
    Read more on : shares preference redemption

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