As per section 19 a subsidiary can't hold shares in its holding company.
Then how is it that Tata Steel/Power/Motors/Global beverages/Chemicals all hold shares in Tata Sons?
Please clarify buy what provision or rule is it possible.
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section 19
Replies (2)
They are not holding any. Plz share the sour e of info
Kindly refer todays newspaper, indian express and economic times u will get the whole info
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