Can a Private Limited Company issue preference shares ........

Companies Act-Phase (I & II) Share capital and debentures

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Can a Private Limited Company issue preference shares?

Yes

Partly Yes

Partly No

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Explanation:

As per Companies Act, 2013, an Indian Private Limited Company or Limited Company can issue preference shares, if authorized by the articles of association of the company. All preference shares issued by a company in India must be redeemable and should be redeemed within a period of 20 years from the date of its issue.

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