What is called Distinctive Numbers of shares and how its alloted ?
Any standard rules needs to be followed ?
What is the requirement as to the minimum and maximum number of
directors in an OPC ?
Can I sell on Flipkart India without GST number?Click here to view / answer Share it on
Can we start more than two businesses with one GST number?Click here to view / answer Share it on
What is the minimum number of directors and shareholders required to set up a private company?
In a company, the minimum number of members required to form a
company has been stated under section 3 of the Act. What shall be
the effect of the number of members falling below the minimum
Is there a minimum number of shareholders required for an Indian Private Limited Company?
How to Register for doctor’s registration number. Pleases share processClick here to view / answer Share it on
Our company is looking to issue shares on a Private Placement basis.
What is the maximum number of persons to whom an offer can be made?
Please clarify on the number of members in Nidhi Company on its incorporation and post incorporation?
For an extra-ordinary general meeting held in a company should
the minutes of the meeting be accorded serial number ?
2. Restriction on number of layers for certain classes of holding companies.
—(1) On and from the date of commencement of these rules, no company, other than a company belonging to a class specified in sub-rule (2), shall have more than two layers of subsidiaries:
Provided that the provisions of this sub-rule shall not affect a company from acquiring a company incorporated outside India with subsidiaries beyond two layers as per the laws of such country: Provided further that for computing the number of layers under this rule, one layer which consists of one or more wholly owned subsidiary or subsidiaries shall not be taken into account.
Can anyone explain how to determine 2 layers ?
Compliance Calendar LLP is Recognised as Startup by DIPP Under Ministry of Commerce & Industry, Government of India