Can a Pvt Ltd be shareholder in other Pvt Ltd Co.?
This query is : Resolved
25 July 2009
I want to know whether a pvt ltd company can be a share holder in other pvt ltd company.Will the other answer be different if the directors in both company are same.
Thanks in advance
Rabnoor Singh Khanna
Thanks in advance
Rabnoor Singh Khanna
26 July 2009
Yes. A pvt. ltd co. can invest in other private limited company.
If directors are same for both the companies, then allotment of shares and price should not be detrimental to the issuer company.
If directors are same for both the companies, then allotment of shares and price should not be detrimental to the issuer company.
27 July 2009
Yes.
There is no restriction in law.
There is no restriction in law.
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