02 January 2015
My client and My client wife together form a Private Limited company by holding 50% shares each and both are also director of the company.
My client son is holding a company in USA and my client source of income is mainly with his son business.
Now his son want to acquire 100% shares of the company of his father.
Now my question 1. what is the procedure of foreign company who is also a related party to acquire share of the Indian company?