Intercorporate loans & investment

Yogita Bhatia (Company Secretary) (116 Points)

24 May 2014  

Q : Company A pvt ltd wants to invest in shares of another company i.e. B pvt ltd exceeding the prescribed limit as defined under Section 186 of the Companies Act, 2013 . Now my question is what will be the procedure for giving effect to same ? Will the provisions of Right issue will also gets attracted , if yes then pls provide the complete procedure for both the matters.Also attach the relevant formats if possible.

 

Thanks