Suppose a company(A) is having shares of a company(B) & later B becomes the holding of A then is it compulsory for A to surrender the shares?
Sanmitra Sanjeev Ratnaparkhi (-) (223 Points)
29 May 2014Suppose a company(A) is having shares of a company(B) & later B becomes the holding of A then is it compulsory for A to surrender the shares?
Tribhuvan Aditya Singh
(Student as well as Self-employed)
(3710 Points)
Replied 29 May 2014
Sanmitra Sanjeev Ratnaparkhi
(-)
(223 Points)
Replied 02 June 2014
Oh great is it so?
because it was asked in our IPCC exam & I wrote the same. Please confirm again Sir.
Tribhuvan Aditya Singh
(Student as well as Self-employed)
(3710 Points)
Replied 02 June 2014
CAclubindia
