Form v

Khushboo Maheshwari (Company Secretary) (548 Points)

27 February 2013  

Hi...we are into road construction and are in maintenance phase. We have given a maintenance contract  to X company. X company has given the sub contract to Y Company. Now this Y company is requesting us to issue Form V. Can we issue form V to the sub contractor?

 

Please give opinion supported by case and provisions if any....