Could someone provide information regarding the process of incorporating a subsidiary?
Is it possible for 99.99% of the shares to be owned by a foreign company, with the remaining 0.1% held by its authorized representative?
Alternatively, what other distribution of shares would be appropriate in this scenario?"
subsidiary
owned
wholly
incorporating
process
Dear All,
Please explain the terms ‘owned fund’ and ‘net owned fund’ in relation to NBFCs?
Please share in case of calculations of Net-owned fund what includes and what excludes ?
Click here to view / answer Share it on
Hi Members!
A holding company wants to give guarantee on behalf of its wholly
owned subsidiary with respect to a loan taken by the latter. Can the
holding company do so ?
Hello,
Can a wholly owned subsidiary Company of a listed company can enter into Joint venture with any other individual or a company only on basis of Board approval or it need shareholders approval also.
Please revert at the earliest.
Dear Members,
There is a company whose status is - wholly owned foreign subsidiary Pvt Ltd company, It wants to issue further share capital to residents of India. post issue the share holding for Indians 90% and foreign company will be 10%.
1. Are there any restrictions to issue share capital being in the status of wholly owned foreign subsidiaries.
2. What will be the status of the company after the issue?? Any forms to be filed for the same??
subsidiary
owned
wholly
status
change
Dear All,
In case of a wholly owned subsidiary, the holding company holds 99.9% shares. The rest 0.1% shares is held by an individual as a nominee of the holding company. Is it required to obtain MGT4 and MGT5 in this case?
Request you to share your views on this.
Hello Members,
For WOS Company incorporation there is one director who has citizenship of US and living in India for last 9+ years and he has Pan Card also ,so do he need to submit any additional documents or he will be counted as Indian Citizen and counted on board as Indian Director ?
company
subsidiary
owned
wholly
query
Dear Members,
Whether Board Resolution for Loan by Public Limited Company to its Wholly Owned Subsidiary Company is required to be filed in Form MGT-14 under Section 179 read with Section 117 of Companies Act, 2013?
subsidiary
owned
wholly
loan
query
Dear CC Members,
If anyone can help me out understand your submission on this.
Best,
Gaurav.
subsidiary
owned
wholly
become
existing
Dear All,
Can a Wholly owned subsidiary Private Company have 3 shareholders??
Parent Company Holding 98 shares out of 100
Rest two shareholders have one share each.
subsidiary
owned
wholly
Dear members
Pls suggest :
Can i write the share holding pattern of wholly owned subsidiary in this pattern
1. Mr.A (representative of Z LTD)
2.Mrs.B (Representative of Z Ltd)
