TMI BlogConditions.X X X X Extracts X X X X X X X X Extracts X X X X ..... rms of section 205 of the Companies Act, 1956 for [1] [* * *] three financial years preceding the year in which it was decided to issue such shares; 2. the company has not defaulted in filing annual accounts and annual returns for three financial years immediately preceding the financial year [2] [* * *] in which it was decided to issue such share; 3. the company has not failed to repay ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 9. the notice of the meeting at which resolution is proposed to be passed is accompanied by an explanatory statement stating (a) the rate of voting right which the equity share capital with differential voting right shall carry; (b) the scale or in proportion to which the voting rights of such class or type of shares will vary; (c) the company shall not convert its equity ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ting Rights) (Amendment) Rules, 2002, w.e.f. 11-1-2002. [2] The words "of the year" omitted, Companies (Issue of Share Capital with Differential Voting Rights) (Amendment) Rules, 2002, w.e.f. 11-1-2002. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - T ..... X X X X Extracts X X X X X X X X Extracts X X X X
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