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Holding in each other

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(Querist)
17 August 2011
Can two companies holds 50% shares in each other?

take into consideration :

both r private companies.
There is no any relation of holding & Subsidiary.
Directors are not same.
No any type of relation.
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Saroja

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Saroja (Expert)
17 August 2011 y not,

the ans is yes.
anyone can become a member other then default person

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