Chitika

Saturday, 26 March 2011

Sec. 81 - Issue of redeemable preference shares - Board Resolution



Sec. 81 - Issue of redeemable preference shares - Board Resolution


‘RESOLVED that pursuant to articles………….. of the Articles of Association of the company and subject to other statutory provisions, if any, redeemable preference shares of Rs……… each forming part of the authorized capital of the company and remaining unsubscribed be issued at par and allotted to any person or persons and on such terms and conditions as to dividend, preferential payment or return of the amount paid-up thereon and redemption as the Board of Directors may deem fit."


Posted by ANKIT GARG at 3/26/2011 06:33:00 pm
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