In order to Issue Differential right shares company should not have defaulted in filling hellip hell...........

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

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In order to Issue Differential right shares, company should not have defaulted in filling…………….in last 3 financial years immediately preceding the year In which it is decided to issue the shares.

Annual returns

Financial statements

Both Annual returns and financial statements

Need not file anything

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Explanation:

A Company should not have defaulted in filling annual returns with MCA (Ministry of Corporate Affairs) and Filling financial statements in the last 3 financial years Immediately preceding the year in which It is proposed to issue Differential shares.

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