It can be or not
Ramandeep singh (CA-final,M.com (Final)) (59 Points)
12 December 2010Ramandeep singh (CA-final,M.com (Final)) (59 Points)
12 December 2010
Jaideep
(Service)
(1368 Points)
Replied 14 December 2010
In, no case company can purchase investment in other name. Plz refer section 372A of the Companies Act.