000			00893npc a2200133Ia 4500
008			140613s2012 xx 000 0 und d
060			_a346.54066
100			_aRAO, D K PRAHALADA
245			_aCan a body corporate invest in a partnership firm
260			_c2012
520			_aThe companies bill 2011 by clause 186, inter alia, provides that no coampany shall directly or indirectly acquire by way of subscription, purchase or otherwise the securities of any other body corporate exceeding the limits of 60% or 100% of the paid up share capital and free reserves. This provision is identical to the provision in the Act. However, in the bill, the amount in the securities premium account has been addd, in addition to the paid up capital and free reserves for computingthe percentage limits mentioned above. 5
773			_oP14348 _nM _921878 _011164 _tCHARTERED SECRETARY
942			_2ddc _cARTCL
999			_c11266 _d11266