if in two pvt. co. have all directores in comman and have same share holder. But no investment in shares is made on the name of company....
is there is a holding -subsy relationship between above both the company...?
Navratan Sharma (teacher) (41 Points)
18 February 2014if in two pvt. co. have all directores in comman and have same share holder. But no investment in shares is made on the name of company....
is there is a holding -subsy relationship between above both the company...?
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 19 February 2014
No. Refer Sec.2(46) and 2(87) of Companies Act 2013.
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