What is the procedure of changing the Sub Category of the company as appearing in Master Data of the company?
The company was formed as Subsidiary of Foreign Company in the year 2012, however in 2016, the foreign company has sold all its shares to other indian promoters. Since 2016, the company has ceased to be the subsidiary of any foreign entity, however the Master data is still showing it as Subsidiary of Foreign Company.
Thanks & Regards,
Jaya Vinay Singh
Practising Company Secretary
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