Converting preference shares

Posted by cgreen37 PM | on Tue, 17/05/2011 - 12:04 1289 1 comment | report

I have a company with 100,000 preference shares which are soon to meet their redemption date. The company has insufficient reserves to repay the full £100,000. Can the shares be converted into a directors loan account?

Comments

There is 1 comment. Login or register to view it.

Rserves or cash

johnt27 | Tue, 17/05/2011 - 12:16