Investment in mutual fund by private company
This query is : Resolved
Trupal Pandya
(Querist)
26 March 2015
Dear Sir,
I have query that can private company do investment in mutual fund? and is there a any dis allowances in showing such investment in balance sheet of company?
I have query that can private company do investment in mutual fund? and is there a any dis allowances in showing such investment in balance sheet of company?
26 March 2015
there is no restriction in investment in mutual fund by private co.
Trupal Pandya
(Querist)
26 March 2015
There is a no restriction u/s 186 for investment in mutual fund plz sir explane me
Arpit Shah
(Expert)
26 March 2015
agreed with them Both
26 March 2015
https://www.caclubindia.com/articles/faqs-on-section-186-of-companies-act-2013-20499.asp#.VRPt3PyUdic
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