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Under which section of the Companies Act 2013 is the requirement for a company to make investments through not more than two layers of investment companies mentioned?
  • a)
    Section 186(1)
  • b)
    Section 180(1)
  • c)
    Section 179(3)
  • d)
    Section 129(1)
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Under which section of the Companies Act 2013 is the requirement for a...
The requirement for a company to make investments through not more than two layers of investment companies is mentioned in Section 186(1) of the Companies Act 2013. This section aims to regulate the extent to which a company can invest through subsidiary companies.
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Under which section of the Companies Act 2013 is the requirement for a company to make investments through not more than two layers of investment companies mentioned?a)Section 186(1)b)Section 180(1)c)Section 179(3)d)Section 129(1)Correct answer is option 'A'. Can you explain this answer?
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