wholly owned subsidiary

This query is : Resolved 

09 August 2010 what is wholly owned subsidiary??
whether intially wholly owned subsidiary can be made??

09 August 2010 If 100% shares of a company is owned by another Company. First Company will be wholly owned subsidiary of another Company.

Yes, a wholly owned company can be formed.

09 August 2010 but if all the shares are subscribed by the holding company, then what about the requirement of 2 subscribers in private limited company




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries