will preference share holders will have voting right?wat is
difference between eqity holders and preference share
holders
Answer Posted / divya
No preference shareholders donot have the right to vote.
But in two circumstences they have voting right .
1.Reduction of Share capital.
2.cumilative preference dividend not paid in last 2
consecutive years.
The both 2 situations they have right to vote...in accoring
to the comp's Act 1956.
Is This Answer Correct ? | 4 Yes | 1 No |
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