Business Studies, asked by kasphanavaneeth3175, 10 months ago

When can a subsidiary be a member of its holding company?

Answers

Answered by alokpandey34001

Answer:

In short, subsidiary cannot hold shares of holding company. It can hold shares provided the shared were acquired through legal tranmission or acquired before commencement of Companies Act 2013 i.e before 01.04.2014. 19.Subsidiary company not to hold shares in its holding company

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