Sister concern

3888 views 1 replies

Hi Friends

Some one can tell what is meaning of sister concern under corporate law and which sec deals with the same?

 

Replies (1)

Hi

 

 Meaning of Sister concern is not given under the Companies Act, 1956 but if u see section 370 (1B) it cover  two bodies corporate under the same management.  


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register