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    Subsidiary clarification

    Posted By : Sachin / Published on : 17-Dec-2020 11:33 AM / View : 399 / Comment : 0

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    Hi,

    When we incorporate a subsidiary company of indian parent company and Directors are same in parent and subsidiary company is there any compliance required under 188 or any other section?

    Investment by parent company is 25% of paid up capital which is under section 186 limits , whether any resolution required for same?

    Please guide
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