Anoop Bansal (student ) (199 Points)
13 March 2018
Jatin Bajaj
(CS)
(2930 Points)
Replied 14 March 2018
As per the provisions of the Section 186(1),unless otherwise prescribed under the act shall make the investment through more than 2 layers of investment companies.
If the Company has more than one wholly owned subsidiary Company one one layer then such companies are not including while counting layers
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
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