Tag: holding company
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Section 2(46) Holding company
Chapter I PRELIMINARY Provisions of the Companies Act, 2013: Section 2(46): Holding company. This provision is brought to force with effect from September 12, 2013. Corresponding provisions of the Companies Act, 1956: Section 2(19) and section 4. Corresponding provisions of the English Companies Act, 2006 Section 1159 and Schedule 6. Applicability: Unless the context requires…
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Section 19: Subsidiary company not to hold shares in its holding company.
CHAPTER II INCORPORATION OF COMPANY AND MATTERS INCIDENTAL THERETO [Sections 3 to 22] Subsidiary company not to hold shares in its holding company. [Section 19 is brought to force with effect from September 12, 2013.] Corresponding provisions of the Companies Act, 1956: Section 42. Corresponding provisions of the English Companies Act, 2006: Part 8, Chapter…
