Incorporation of Company

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 June 2011 sir, we had to form a SPV for execution of some project undertaken by our co.Forthat purpose we are incorporating a Limited co.My que is :-

we require 7 subscribers and our company want eg :- M/s xyz as a sole promoter of the Company and the remaining subscriber act as representative on behalf of M/s XYZ....wt procdure i had to follow ...any form for this will go seprately...or i had to follow the normal procedure of incoporation. hw i reflect the subscribers as represenative...pls help me on this matter

CA. Krishna K Neeraj

CA. Krishna K Neeraj (Expert)
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06 June 2011 Subscribers other than M/s XYZ should hold one share each whereas M/s XYZ should subscribe for remaining (major) shares.

Other procedures are same like any other company formation.