What is the cooling period for the default made by the company in case of issue of shares with diffe...........

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

What is the cooling period for the default made by the company in case of issue of shares with differential rights?

Six years

Three years

Five years

Seven Years

Shares with differential rights can be issued on expiry of 5 years from the end of financial year In which default said by the act has committed.

Submit Error