https://www.taxtmi.com/article/detailed?id=1571 Section 49 mandates that company investments made on its behalf be held in the company's name, with specified exceptions for bankers, depositories, and security arrangements; the statutory text and sub sections indicate this requirement is principally directed at securities (including stock and debentures). Accounting guidance defines investments as assets held to earn income or capital appreciation and treats investment properties as long term investments, but assets intended for operational use are excluded. Consequently, non securities like land or plant used in operations are not squarely governed by the section 49 holding requirement. en-us Sat, 14 Jan 2012 10:26:40 +0530 Sat, 14 Jan 2012 12:07:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1571 Section 49 mandates that company investments made on its behalf be held in the company's name, with specified exceptions for bankers, depositories, and security arrangements; the statutory text and sub sections indicate this requirement is principally directed at securities (including stock and debentures). Accounting guidance defines investments as assets held to earn income or capital appreciation and treats investment properties as long term investments, but assets intended for operational use are excluded. Consequently, non securities like land or plant used in operations are not squarely governed by the section 49 holding requirement. Articles Corporate Laws / IBC / SEBI Sat, 14 Jan 2012 10:26:40 +0530 https://www.taxtmi.com/article/detailed?id=1571