100% subsidiary company

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manoj mahimkar (Querist)
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11 March 2009 Dear sir,

I want to form a 100% subsidiary Company of foreign company in India. Now the private limited company require atleast two director and two shareolders. How it would be possible with one share holder as the said company would be 100% subsidiary of he foreign company who would be holding all the shares.

vikas bafna

vikas bafna (Expert)
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11 March 2009 The shares will be held by two share holders in the following manner
1.In the name of the company eg.X.Ltd
2.any other person jointly holding along with the company.Eg Mr.Y & X.Ltd.
In this situation X.Ltd is the 100% Share holder.