Investment by Sec. 25 Co.

Others 814 views 5 replies

Dear All,

Can anyone put light on the matter that whether Section 25 Company can hold share in any other company?

Thanks in advance.

Replies (5)

Hi


There is no such restriction on section 25 company on becoming member of another company.




Regards

 

Originally posted by : Ajay Mishra


Hi





There is no such restriction on section 25 company on becoming member of another company.











Regards
 

 

 

 

Yes… Agree with the learned member

Thanks to both Ajay sir and Syam sir.

Please also tell me if there is any restriction on shareholding by other company in Section 25 Company.

There is no such restriction according to me.

 

But provision of Section 372A of the Companies Act, 1956 should be kept in mind so far it relates to inter corporate loans and investments

 

Awaiting for other responses

Thanks again for your helpful reply.


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