Redemption of Preference Shares | India | Company
In this article we will discuss about:- 1. Introduction to Redemption of Preference Shares 2. Companies (Amendment) Act 1988 and 1996 3. Sources 4. Proceeds of Fresh Issue. Introduction to Redemption of Preference Shares: A company cannot return its share capital to its shareholders during its life time without the permission of the Court (Sec. 100). However, a Company limited [...]