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A company can issue redeemable preference shares for a period exceeding 20 years in case of ...

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Companies Act-Phase (I & II) Share capital and debentures Add to Study Deck

A company can issue redeemable preference shares for a period exceeding 20 years in case of-

Explanation:

A company can issue redeemable preference shares with a term exceeding 20 years in case of Infrastructural projects however such term should not exceed 30 years.

By: Srishti Gupta
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