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Investment of company to be held in its own name

(1) Save as otherwise provided in sub-section (2) to (5) or any other law for the time being in force, and subject to the provisions of sub-sections (6) to (8). - (a) all investment made by a company on its own behalf shall be made and held by it in its own name; and (b) where any such investments are not so held immediately before the comm...

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