how shares can be purchased by the holding company in case of a subsidiary conpany
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According to the Companies Act, 2013 a subsidiary company by itself or through its nominee cannot hold shares in a holding company. ... However, in special cases, a subsidiary company can hold shares of a parent company as the legal representative of a deceased member of the holding company.
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According to the Companies Act, 2013 a subsidiary company by itself or through its nominee cannot hold shares in a holding company. ... However, in special cases, a subsidiary company can hold shares of a parent company as the legal representative of a deceased member of the holding company.
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