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loan from subsidiary or WOS

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76 Points Posted on 06 October 2018
Please suggest
Can a subsidiary and WOS company can provide loan to its holding company.
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On 06 October 2018 at 19:50 Report
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will update it soon
69 Points Posted on 06 October 2018
in my opinion this does not make any sense... because subsidiary companies are funded by the holdling company itself..how can these suppose to fund holding
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On 06 October 2018 at 20:07
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76 Points Posted on 06 October 2018
It's not compulsory that subsidiary company funded by holding company every time. Holding co. aquire certain % of shareholding by different method.
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On 06 October 2018 at 22:45
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Student CA CPT
29 Points Posted on 07 October 2018
yes as per companies act 2013 there us no such bar
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On 07 October 2018 at 13:22


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