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ramprasad (cs)     25 March 2013

INVESTMENTS TO BE HELD IN COMPANY'S OWN NAME

Does it mean that the holding company, in case of its public ltd subsidiary company can hold its investments only through 7 nominees at the max? Does the interpretation of the sub-section 3 mean the nominees can not be more than 7 (for public company) and 2 (for private company)?



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 1 Replies

ramprasad (cs)     25 March 2013

Does it mean that the holding company, in case of its public ltd subsidiary company can hold its investments only through 7 nominees at the max? Does the interpretation of the sub-section 3 mean the nominees can not be more than 7 (for public company) and 2 (for private company)?


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