Cross holding in pvt. ltd. companies

Hi Yash,

Such a thing is not possible at all.... However there are certain exceptions.

Pls go through clause 19 of the new Companies Act, 2013. The same has come into effect w.e.f 12/09/2013.

Hopefully your query is resolved...If not then revert here...

Regards

Thanks for the information Vandana jii...........

a subsidiary co can hold shares in holding co before it becomes subsidiary whether under old or new Act. In your case it is not possible for both cos to be holding and subsidiary of each other at the same time.

sir, could you help me with the provisions where it is written that subsidiary company can hold shares in holding company . i have a similar case for one client