Holding subsidiary

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223 Points Posted on 29 May 2014
Suppose A holds some shares in B & later B becomes holding of A then is it compulsory for A to surrender the shares?
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On 29 May 2014 at 19:05 Report
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EMPLOYEE
247 Points Posted on 30 May 2014
As per sec 42 of company Act, Subsidiary not allowed to invest in holding company.
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On 30 May 2014 at 05:31

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