Preference shares- Security

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..... Preference shares- Security
Query (Issue) Started By: - VIRENDER PANDEY Dated:- 22-9-2011 Last Reply Date:- 12-4-2013 Corporate Laws / SEBI / LLP
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Companies Law
XYZ Ltd issued .....

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..... prefrence share of Rs 9,99,00,000/- . Out of amount recieved the company made FD of Rs 9,50,00,000 in the name of the company . Now the company want to give this FD as a security to preference shareho .....

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..... lder by entering in to agrement with them. Is this valid as per company law and if valid what are the guidelines & procedure which need to be follow? Reply By CA. Surender Gupta: The Reply: Kindly s .....

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..... hare you views in this regard.
Discussion Forum - Knowledge Sharing .....

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