Investment by the pvt ltd company
This query is : Resolved
Rahul Garg
(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
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
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.
What is the issue in that. You can invest even in the first financial year of the Company.
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