- +91 44 28195555
- +91 44 49060606
- abanoffshore@aban.com
Preference Shares Details
Preference Shares Details
Due dates for redemption of 10% non-convertible Cumulative redeemable preference Shares and the same are yet to be redeemed
55 Million shares
29th December 2014
40 Million shares
28th February 2015
61 Million shares
30th March 2015
45 Million shares
16th June 2015
60 Million Shares
16th June 2016
20 Million Shares
3rd August 2016
Preference Shares Details
Proceedings relating to non - convertible redeemable preference shares
- Two Preference Shareholders filed commercial suits before the Honorable High Court of Judicature at Bombay for non-redemption of Non- Convertible Cumulative Redeemable Preference Shares on due dates. The cases are pending before the Honorable High Court
- Two of the Preference Shareholders filed petitions under section 55 of the Companies Act, 2013/under section 80 of the Companies Act, 1956 before the Honorable National Company Law Tribunal (“NCLT”), Chennai Bench for non-redemption of Non-Convertible Cumulative Redeemable Preference Shares. These two cases were dismissed by the said Tribunal. One of the preference shareholders preferred an appeal against the order of NCLT, Chennai Bench before the Honorable National Company Law Appellate Tribunal (“NCLAT”), New Delhi. NCLAT, New Delhi vide its order No. Company Appeal (AT) No.35 of 2019 dated 29th January, 2020 set aside the order and remitted back to NCLT, Chennai to decide the Petition. The outcome of the case is awaited
- One of the Preference Shareholder has filed a Class action suit against the Company before National Company Law Tribunal (“NCLT”) principal bench New Delhi for non-redemption of Preference Shares and the same is pending
Office - Dubai
- Aban Offshore Ltd. Suite 310, Spectrum Building Oud Metha, Dubai, United Arab Emirates. P.O. Box: 333956
- +9714 358 4777
- abanoffshore@aban.com
Office - Mumbai
- Aban Offshore Ltd. No: 8 & 9, Vikas Centre S.V.Road, Santa Cruz (W) Mumbai - 400 054
- 91-22-26616016 / 26615905
- abanoffshore@aban.com
Office - Chennai
- Aban Offshore Ltd. 'Janpriya Crest', 113, Pantheon Road, Egmore, Chennai - 600 008, India
- +91 - 44 - 28195555 | 49060606
- abanoffshore@aban.com
With over 24 years of experience and a deep understanding of international standards, technological advancements, and industrial systems, we are dedicated to providing the best, most economical solutions to our valued customers.
Contact Details
- Aban Offshore Ltd. 'Janpriya Crest', 113, Pantheon Road, Egmore, Chennai - 600 008, India
- +91 - 44 - 28195555 | 49060606
- abanoffshore@aban.com
Contact Details
-
Aban Offshore Ltd. 'Janpriya Crest', 113, Pantheon Road, Egmore,
Chennai - 600 008, India - +91 - 44 - 28195555 | 49060606
- abanoffshore@aban.com