Investment in other compnies by a NBFC
This query is : Resolved
Sada Abdulkarim Dalvi
(Querist)
20 January 2011
Can a NBFC invest in other companies and become holding of such other companies where main object of those companies are different from those of NBFC
ADITI BIDASARIA
(Expert)
27 January 2011
Yes,a NBFC Company can become the holding company of any company whose main object is different from the NBFC Company.
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