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    Section 187- Nominee share

    Posted By : CS Shiriti / Published on : 25-Jun-2020 07:38 AM / View : 379 / Comment : 0

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    Hi members, an urgent query...who will deposit the subscribed capital amount of 1 share held by nominee (section 187), will it be deposited by the beneficial owner or the nominee? The company is a newly incorporate company and is the wholly owned subsidiary of another company (who is the beneficial owner)
    Read more on : share nominee section

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