Menu
Sec.186(1) of companies act,2013
Sec.186(1) restricts a company from makimg investment through not more than 2 layers of investment companies.
What does it mean by 2 layers here ???
Replies (2)
If A Ltd invests in B Ltd and B Ltd invests in C Ltd, it means that A Ltd has indirectly invested in C Ltd through layer of investment.
Ok...thanks for explaining.
Recent Topics :
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
Related Topics :
CAclubindia
