Scetion 184 (2) of the companies act 2013

sanjiv (Asst. Company Secretary)   (75 Points)

10 March 2016  
There are Two Companies; Company ABC Ltd. (Holding Company) and Company XYZ Ltd. (Wholly owned subsidiary) Directors in Company ABC Ltd. are Mr. X (5% shareholding), Mr. Y (10% shareholding) and Mr. Z (20% shareholding) Directors in Company XYZ Ltd are Mr. X, Mr. Y and Mr. Z (No director shareholding) Now both the companies are entering in to an arrangement, should XYZ Ltd treat Mr. X, Mr. Y and Mr. Z as interested directors in the arrangement.