Easy Office
LCI Learning

Intercorporate Investments

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 April 2010 What Sections of Companies Act are affected when a Pvt. Ltd. Co. C buys shares of another Pvt. Ltd. Co. Y as Investment.

Kindly enlighten what compliances will be required to done.
Profile Image

Jagruti (CS)

Profile Image

Jagruti (CS) (Expert)
14 April 2010 You have to just pass Board Resolution u/s 292(1)(d)for authorising the Directors to make investment in name of Company stating the limit upto which Board can Invest.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links