SHOULD INVESTORS STILL PREFER THE PREFERRED? – A PERSPECTIVE ON INVESTING IN PREFERENCE SHARES IN THE LIGHT OF THE NEW COMPANIES ACT, 2013

Published On: 01/12/2014

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With the passing of the Companies Act, 2013 (New Act) replacing the Companies Act, 1956 (Old Act), investors have to deal with several new concepts and principles now governing their investments into Indian companies. The government is implementing the New Act in a phased manner but most of the provisions of the New Act have already been notified.