MCA vide notification no. G.S.R. 1176(E) dt. 20.09.2017; notified the Companies (Restriction on number of layers) Rules, 2017 which has prescribed rules relating to Restriction on number of layers for certain classes of holding companies.
The said rules are available on following link:MCA Not.dt.20.9.17_G.S.R. 1176(E)_Restriction on No.ofLayersRule,17