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RAMAKRISHNAN IYER (Sr.Manager)     29 April 2009

Equity Shareholders right

Dear all,

If an Equity Shareholder has exercised 'put' option before the winding up proceedings initiated, i.e.3 months before W/up proceedings, whether his right has precedence over others or he will be treated on part with other equity shareholders ?
 

Regards,

 

RAM



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RAMAKRISHNAN IYER

RAMAKRISHNAN IYER (Sr.Manager)     29 April 2009

Pls read the word 'part' in the last line of my query as 'par' with other equity shareholders


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