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Investment by the pvt ltd company

This query is : Resolved 
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(Querist)
03 February 2016 DEAR SIR,

I WANT TO KNOW THAT HOW A PVT LTD COMPANY INVEST IN ANOTHER PVT LTD COMPANY ALTHOUGH IT DOES NOT HAVE AUDITED FINACIAL STATEMENTS, BECOZ THE INVESTING COMPANY WAS REGISTERED IN THE YEAR OF 2015???

THANKS
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CS Divesh Goyal

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CS Divesh Goyal (Expert)
08 February 2016 Mr. Rahul,

What is the issue in that. You can invest even in the first financial year of the Company.
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