Hi Member,
Is there any way out to Redeem preference share capital of the company, where company does not want to issue further share capital and Company has Rs. 1 cr in Capital Reserve account, other Reserves and surplus are NIL as on date. Redemption amount is Rs. 20 lakhs.
Dear all
Plz guide us with regarding to Extension of redemption date of preference shares.
Whether we have to file MGT 14 or not for extending date ??
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?
HI...
Does anyone have any checklist for redemption of debentures ?
HI...
Does anyone have any checklist for redemption of debentures ?
Dear Members,
A company has issued redeemable preference shares for 20 years period. In this case, when can the company redeem the preference shares? should it redeem after completion on 20 years or before the expiry of 20 years?
If it can redeem after completion of 20 years, in how days it has to complete all proceedings?
Proceeds on redemption of unidentified holders preference shares if done in 2 years where to trf the funds before trfng to iepf after 7 years?
Click here to view / answer Share it onDear Colleagues,
Section 55 of Companies Act, 2013 talks about Issue and Redemption of Preference Shares. However, there is no provision on partial redemption of Preference shares. Can it be done so legally ? If yes, what are the compliances to be taken care of?
Request to accord inputs please.
I am trying to Redeem my points but at the end error arising that not eligible to redeem amount...
Click here to view / answer Share it onThe Company (A private Limited Co) has issued No. 5100 "Optionally Convertible Debentures" (OCD's) (Unsecured) of Rs. 1,00,000 each, to its Holding Company for a maximum period of 20 years from 2015. Now the "issuing Company" (i.e Subsidiary Company) wants to redeem the debentures issued debenture of 1,500. Can anyone guide me with the procedure to be followed and the necessary compliances shall be considered to redeem the Debentures. Q. Curtsy: Praveen
Click here to view / answer Share it onDear Sir/ Madam, The Company (A private Limited Co) has issued No. 5100 "Optionally Convertible Debentures" (OCD's) (Unsecured) of Rs. 1,00,000 each , to its Holding Company for a maximum period of 20 years from the 2015. Now the "issuing Company" (i.e Subsidiary Company) wants to redeem the debentures issued debenture of 1,500. Can any one guide me with procedure to be followed and the necessary compliances shall be consider to redeem the Debentures.
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