Dear All
One of our client is major shareholder in four companies, He want to have the "group companies" registration for his four companies to bring them under one group, but as per as Companies Act is concern in my knowledge, there is no concept of registration of group companies and it attracts status of group company to each other, because of the common shareholding.
Expert views are solicited for valuable opinion.
There is no concept of group company under Companies Act and hence question of registration as group company does not arise. The Act has only prescribed associate company, joint venture company, holding/subsidiary company etc.
Abic and Mani Chartered Accountants
Kottayam
B.Com
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Varma Raja & Associates
Thrissur
CA Inter
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CCI
Pro
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