Companies Restriction on number of layers Rules 2017 – MCA Notification
September 21, 2017
Companies Act
Companies Restriction on number of layers Rules 2017-Notification. Companies not allowed more than two layers of subsidiaries. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 20th September, 2017 G.S.R. 1176(E).—In exercise of the powers conferred under proviso to clause (87) of section 2, section 450 read with sub-sections …