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V.S. Datey on Companies Act, 2013
  • Clarification on amendment by Companies (Amendment) Act 2017

    by Prabhaw on Wednesday, May 02, 2018 at 08:10 PM

    1) In proviso of Section 149(6)(d)(i),do we need to consider the 2% of aggregate paid up share capital of Company,Subsidiary,Holding and Associate Company while determining the value of securities that relative can hold. 2) Will Sec 149(6)(d)(iii) get attracted if a person provides guarantee of promoter or director of subsidiary or associate company.

    Replied byV.S. Datey Friday, May 04, 2018 at 02:43 PM

    1. individual company - how it can be combined? 2. yes - why not? V S Datey

 
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