Allotment of shares
This query is : Resolved
30 May 2012
Dear experts,
kindly tell me the provisions for allotment of shares in case of foreign subsidiary company in india?
kindly tell me the provisions for allotment of shares in case of foreign subsidiary company in india?
31 May 2012
Since the company is foreign subsidiary registered in India. Same procedure as applicable to Indian company shall be applicable to such company under company law.
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