Can a Pvt Ltd be shareholder in other Pvt Ltd Co.?
This query is : Resolved
Rabnoor Singh Khanna
(Querist)
25 July 2009
I want to know whether a pvt ltd company can be a share holder in other pvt ltd company.Will the other answer be different if the directors in both company are same.
Thanks in advance
Rabnoor Singh Khanna
Thanks in advance
Rabnoor Singh Khanna
CA. B.SRINIVASULU
(Expert)
26 July 2009
Yes. A pvt. ltd co. can invest in other private limited company.
If directors are same for both the companies, then allotment of shares and price should not be detrimental to the issuer company.
If directors are same for both the companies, then allotment of shares and price should not be detrimental to the issuer company.
Ankur Garg
(Expert)
27 July 2009
Yes.
There is no restriction in law.
There is no restriction in law.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Reward for festival
- Employee secondment
- Ito add credit side of bank
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- GSTR9 Annual Return
- Appointment of Auditor By Form ADT-1
- Import of Capital Machine
- Rent agreement of House of deceased person
- Rectification under processing even after 6 months cpc portal
- Upload Level ValidationITR3Category of Defect B/D
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- MSME Payment Sec.43B (h)
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
