Tag Archives: holding company

Subsidiary company not to hold shares in its holding company

By | May 12, 2016

Section – 19, Companies Act, 2013 Enforced with effect from 12-9-2013. Subsidiary company not to hold shares in its holding company. 19. (1) No company shall, either by itself or through its nominees, hold any shares in its holding company and no holding company shall allot or transfer its shares to any of its subsidiary… Read More »