Query for SH 7

[Deepali Garg]

Dear All

A company has issued preference shares in different years and has varied redemption terms for redeeming the preference shares on the same day. The Board resolution for redemption of all the preference shares is passed on the same day. Please clarify whether single SH 7 will be filed for all the redemptions or separate SH 7 will be filed for each redemption.  

In case of single SH-7, what is to be written in the existing class of preference shares to be redeemed? When I am trying to fill the same class for each redemption, the message popping up is Existing class of Preference shares shall be unique.

 

Thanks & regards,

Deepali Garg

Practicing Company Secretary

B.Com, ACS, LL.B.

SCO 174 First Floor, Commercial Belt,

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