please tell me if a comapny(A) purchase more than 50% shares of another comapny(B). Wether A co. can adopt any measure to restrict B co. not to Purcahse shares of A co. can it be possible that B co. purchase 50% or more shares of A co.
Menu
holding subsy conflict.
Replies (2)
Look, A co acquires management control (after it acquires +50% holding in B co.)... so it can restrict few transactions of Bco..
In ur query, i think yes ofcoarse it can restrict
Hi udit... confirmed from sources.
Once the parent becomes holding company of subsidiary co., COMPANIES ACT itself restricts the subsidiary co to purchase any share of holding co.
Recent Topics :
- Short Deduction
- Large mismatch between AIS Business Receipts and G
- Income tax on Australian Stipendiary Steward on 3
- INCOME TAX SECTION 92E
- Queries on Tax Invoice and GST
- Income Tax Auditor Tenure for Small Companies
- Sec 8 company sec 12ab reg
- AIS Password: How to Open Your AIS PDF?
- Interview Questions
- ITR Filing Last Date 2026
Related Topics :
CAclubindia
