In order to issue Differential right shares lt need to conduct voting through postal ballot ...

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

In order to issue Differential right shares, lt need to conduct voting through postal ballot-

Yes every company need to conduct postal ballot voting

Only by a company whose shares are listed in recognised stock exchange

A company which has track record of continuous profits for 3 years

A company which is defaulted in the payment of dividend to Preference share holders

Explanation:

A company whose shares are Listed in recognised stock exchanges like NSE and BSE should conduct voting through postal ballot.

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