NCLT Bangalore allows petition to extend tenure for Redeeming Cumulative Preference shares by 2 years. By an order dated 28th May, 2021, (Ms. Indiana Hospital and Heart Institute Limited V. Ministry of Corporate Affairs), the NCLT Bangalore allowed a petition filed u/s. 55 of the companies act, 2013 read with rule 69 of NCLT rules, 2016 to allow the petitioner to extend tenure of 5% Redeemable Cumulative Preference Shares (RCPS) for a period of 2 years. Reddy and Reddy is a full service law firm having a robust Corporate Law practice.
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NCLT Bangalore allows petition to extend tenure...
2021-07-05T10:06:36
NCLT Bangalore allows petition to extend tenure for Redeeming Cumulative Preference shares by 2 years. By an order dated 28th May, 2021, (Ms. Indiana Hospital and Heart Institute Limited V. Ministry of Corporate Affairs), the NCLT Bangalore allowed a petition filed u/s. 55 of the companies act, 2013 read with rule 69 of NCLT rules, 2016 to allow the petitioner to extend tenure of 5% Redeemable Cumulative Preference Shares (RCPS) for a period of 2 years. Reddy and Reddy is a full service law firm having a robust Corporate Law practice.
2021-07-05T10:06:36
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