https://www.taxtmi.com/forum/issue?id=2882 A holding company may issue preference shares to its subsidiary; there is no prohibition under the Companies Act, 1956. Such issuances must comply with the Preferential Allotment (Unlisted Public Companies) Rules and applicable statutory provisions governing further issue of capital and inter-corporate loans and investments, including Section 81(1A) and Section 372A, and other relevant Companies Act provisions. en-us Thu, 10 Mar 2011 13:19:03 +0530 Thu, 23 Jan 2025 15:58:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2882 A holding company may issue preference shares to its subsidiary; there is no prohibition under the Companies Act, 1956. Such issuances must comply with the Preferential Allotment (Unlisted Public Companies) Rules and applicable statutory provisions governing further issue of capital and inter-corporate loans and investments, including Section 81(1A) and Section 372A, and other relevant Companies Act provisions. Discussion-Forum Income Tax Thu, 10 Mar 2011 13:19:03 +0530 https://www.taxtmi.com/forum/issue?id=2882