MCA Limits Layering of Subsidiaries by Companies

simran soni , Last updated: 13 October 2017  
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The Ministry of Corporate Affairs (MCA) on September 20, 2017 notified the proviso to Section 2(87) of the Companies Act, 2013 (Act) and the Companies (Restriction on the number of layers) Rules, 2017 (Layering Rules). Prior to said notification, the restriction on the numbers of subsidiaries as spe

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simran soni
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