Otto Bilz [India] Private Ltd manufactures Floating Holders for Accuracy. Otto Bilz [India] Private Ltd manufactures Chucks for Thread Cutting, High Precision Holding Systems for Tapping, Drilling and Reaming, CNC-Precision holding systems. The Floating Holders for Accuracy can only be achieved when the clamping system does not cause any force on the cutting tool. The requirement regarding the tolerance zone, the surface roughness and the roundness presupposes a clamping system which compensates all inaccuracy of position occurring. In addition, the system should be without circumferential backlash. Damage to the edges of the tool is thus avoided.