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V.S. Datey on Companies Act, 2013
  • Redemption of shares at discount

    by Parth on Thursday, March 14, 2019 at 11:10 AM

    Hi Sir, Can the Preference shares issued at par or at premium by a company be redeemed at a discount by the company ? Further, in case of answer to above question is not affirmative, will the answer remain same even if shareholders also have agreed and have no problem with redemption of preference shares at discount?

    Replied byV.S. Datey Thursday, March 14, 2019 at 03:48 PM

    if they consent then I do not see any difficulty as it is compromise - at the most you may require clearance from NCLT V S Datey

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