Investments in subsidiary company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 June 2013
If a Private Limited Company making investments in its subsidiary?
What compliances does it require to be done under Companies ACt, 1956 ?
Does it reuire disclosure under section 301 also?
What compliances does it require to be done under Companies ACt, 1956 ?
Does it reuire disclosure under section 301 also?
Ajay Mishra
(Expert)
14 June 2013
Hi
No, disclosure is not required under section 301, because section 301 deals with directors investments and not a company investments.
No, disclosure is not required under section 301, because section 301 deals with directors investments and not a company investments.
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