Does anybody know the procedure for invetment by a Pvt company in a another Pvt company, where both the companies are subsidaries of another Company.
Thanks
Sahana Murthy
sahana Murthy (Student) (123 Points)
18 January 2010Does anybody know the procedure for invetment by a Pvt company in a another Pvt company, where both the companies are subsidaries of another Company.
Thanks
Sahana Murthy
CourseCart.in
(Mentor at SHAYVIDZ Academy)
(3756 Points)
Replied 18 January 2010
Sahana,
Comply wid Provisions of Sec 372A...
Adarsh
raspreet kaur
(job)
(55 Points)
Replied 20 January 2010
Section 372A shall be applicable only if the investing Company (Private Company) is subsidiary of a Company which is a Public Company (Sec 372A(8))
CourseCart.in
(Mentor at SHAYVIDZ Academy)
(3756 Points)
Replied 26 January 2010
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