The Companies Act, 2013
CHAPTER XII: MEETINGS OF BOARD AND ITS POWERS
Section 187: Investments Of Company To Be Held In Its Own Name
Explanation using examples
Imagine a company, XYZ Pvt. Ltd., decides to invest in shares of another company, ABC Corp. According to Section 187(1) of the Companies Act, 2013, XYZ Pvt. Ltd. must make and hold this investment in its own name. However, if