TMI BlogIssuance of Preference SharesX X X X Extracts X X X X X X X X Extracts X X X X ..... Can a Holding Company issue preference share to a subsidiary company. Is there any limit for issuing the preference share Capital. John Shannel - Reply By CA Rachit Agarwal - The Reply = Holdin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g Company can issue Preference Shares to Subsidiary Company. There is no restrictions as per the Companies Act, 1956. However please also refer "Preferential Allotment (Unlisted Public Companies) Ru ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... les". As regarding the limit please get compliance for the provisions of Section 81(1A)- Further issue of Capital Section 372A- Inter-Corporate Loans Investments and other appliable provisions ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the companies act. - Issuance of Preference Shares - Query Started By: - JOHN SHANNEL Dated:- 10-3-2011 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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