Please suggest
Can a subsidiary and WOS company can provide loan to its holding company.
3 Replies
PUNEET MIDDHA
(will update it soon)
(69 Points)
Replied 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
joshineha4807@gmail.com
(76 Points)
Replied 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.
Abhishek Dudhwewala
(Student CA CPT )
(29 Points)
Replied 07 October 2018
yes as per companies act 2013 there us no such bar
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