Company formation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 August 2015
Dear Sir,
A Director of PVT LTD co. formed new OPC and purchase entire(all) shares of PVT Ltd Co as he is already director of the said Company. Please clarify.
Thanks,
J. Damodaran
A Director of PVT LTD co. formed new OPC and purchase entire(all) shares of PVT Ltd Co as he is already director of the said Company. Please clarify.
Thanks,
J. Damodaran
07 August 2015
An OPC cannot carry out NBFC activities including investment in securities of any body corporate;
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