Incorporation of a Company with non-individual subscriber

    Posted By : Sachin / Published on : 20-Jan-2021 01:24 PM / View : 24 / Comment : 0
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    Dear All,

    Where an Indian company is a subscriber to another company under incorporation, can a person authorised to represent the holding company also be a subscriber to the new company under incorporation ?
    The doubt arises because of the proviso to Rule 13 (4) of The Companies (Incorporation) Rules.

    Has anyone got a Company incorporated under the same circumstance? Please advise.

    Thanks a lot !
    Read more on : subscriber individual company incorporation



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