https://www.taxtmi.com/acts?id=18494 A company engaged in infrastructural projects may issue preference shares with a tenor beyond twenty years up to thirty years, subject to a proportionate redemption mechanism requiring minimum annual redemptions from the twenty-first year onwards or earlier, and with redemption exercisable at the option of the preference shareholders. en-us Wed, 02 Apr 2014 13:29:37 +0530 Wed, 18 Feb 2026 18:10:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18494 A company engaged in infrastructural projects may issue preference shares with a tenor beyond twenty years up to thirty years, subject to a proportionate redemption mechanism requiring minimum annual redemptions from the twenty-first year onwards or earlier, and with redemption exercisable at the option of the preference shareholders. Act-Rules Companies Law Wed, 02 Apr 2014 13:29:37 +0530 https://www.taxtmi.com/acts?id=18494