companies act
This query is : Resolved
21 May 2009
SEC-617 GOVERNMENT COMPANY means not less than 51% of paidup share capital "held" by the the folloowings
1.central govt
2.state govt
3.central govt and state govt or corporatons owned by C.G,S.G.
SEC-4 HOLDING COMPANY means
A COMPANY "HOLD" MORETHAN HALFOF PAIDUP SHARE CAPITAL IN ANOTHER COMPANY.
QUESTION:
IN ABOVE ABSERVATINS WHAT IS THE DIFFERENCE BETWEEN "HELD","HOLD".
1.central govt
2.state govt
3.central govt and state govt or corporatons owned by C.G,S.G.
SEC-4 HOLDING COMPANY means
A COMPANY "HOLD" MORETHAN HALFOF PAIDUP SHARE CAPITAL IN ANOTHER COMPANY.
QUESTION:
IN ABOVE ABSERVATINS WHAT IS THE DIFFERENCE BETWEEN "HELD","HOLD".
21 May 2009
Section 617 says 'paid up share capital'.
Section 4 says 'nominal value of share capital'.
Section 4 says 'nominal value of share capital'.
Message likes :
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22 May 2009
As far as Section-617 & Section-4 is concerned there is no difference between "HELD" and "HOLD".
Regards
Regards
Message likes :
1 times
09 December 2010
THANK YOU SIR
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