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Equity shares represent the ownership of a company. Preference shareholders have a preferential right or claim over the companys profits and assets. Equity shareholders receive dividends only after the preference shareholders receive their dividends. Preference shareholders have the priority to receive dividends.
Preference shareholders have a preferential right of repayment over equity shareholders in the event of liquidation or bankruptcy of a company. Preference capital does not create any sort of charge against the assets of a company.
Preferential Purchase Rights means rights of any Person (other than rights of condemnation, eminent domain, or other similar rights of any Person) to purchase or acquire any interest in any of the Purchased Assets, including rights that are conditional upon a sale of any Purchased Assets or any other event or condition
1. n. [Oil and Gas Business] The right that nonselling participating parties have in a lease, well or unit to proportionately acquire the interest that a participating party proposes to sell to a third party.
A holder of a preferential right has, according to the provisions of this Code or other laws, a right as to the property of his debtor to receive therefrom performance of an obligation due to him in preference to other creditors. Section 252. The provisions of Section 244 apply correspondingly to preferential rights.
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Preference shareholders have a preferential right of repayment over equity shareholders in the event of liquidation or bankruptcy of a company. Preference capital does not create any sort of charge against the assets of a company.
1. They get dividend at a fixed rate and dividend is given on these shares before any dividend on equity shares. 2. When company winds up preference shares are paid before equity shares.
A holder of a preferential right has, according to the provisions of this Code or other laws, a right as to the property of his debtor to receive therefrom performance of an obligation due to him in preference to other creditors. Section 252. The provisions of Section 244 apply correspondingly to preferential rights.
Provided further that where the dividend in respect of a class of preference shares has not been paid for a period of two years or more, such class of preference shareholders shall have a right to vote on all the resolutions placed before the company.
Preference over equity shareholders in the payment of dividend from the profits of the company. Preference in the repayment of their investment during winding up of the company.

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