NBFC

Priya Sharma (Company Secretary & Student.MBA)   (998 Points)

31 January 2011  

Ours is a Private (Transpostation) Company , which is a holding COmpany for other small companies which are also private companies.

Now the holding Co. will be investing in the subsidiaries and the holding Company will not perform any operations, it will only fund the subsidiaries by wayof investing in the subsidiaries.

My query is , if the Holding Co. will fall under the cateogry of NBFC on the grounds of investing in the subsidiary companies.

Please suggest

Regards

Priya