Issuance of Preference Shares

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..... Issuance of Preference Shares
Query (Issue) Started By: - JOHN SHANNEL Dated:- 10-3-2011 Last Reply Date:- 15-3-2011 Income Tax
Got 1 Reply
Income Tax
Can a Holding Company issue preferen .....

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..... ce share to a subsidiary company. Is there any limit for issuing the preference share Capital. John Shannel Reply By CA Rachit Agarwal: The Reply: Holding Company can issue Preference Shares to S .....

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..... ubsidiary Company. There is no restrictions as per the Companies Act, 1956. However please also refer "Preferential Allotment (Unlisted Public Companies) Rules". As regarding the limit please get co .....

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..... mpliance for the provisions of Section 81(1A)- Further issue of Capital Section 372A- Inter-Corporate Loans & Investments and other appliable provisions of the companies act.
Discussion Forum - .....

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..... Knowledge Sharing .....

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