Dear All,
I’ve a query. I’m asking with curiosity .I hope you can help me out with this.
Currently I’m Doing a 100% foreign subsidiary formation.so Initially we passed a board resolution by foreign company for appointing two Indians as promoters of the company. then we filed form 1A with by mentioning those two persons as promoters .
But when I’m filing form 1, I came to know that we need to include the foreign company as a promoter in form 1A ,and then as a promoter with 9999 subscribed share in form 1. So finally I came to know that I made a mistake in form 1A without mentioning foreign parent company as promoter. Now I would like to know your suggestions in dealing with this situation.
Could you please give me your views on this situation and how I can proceed further ?
Thanks in advance
Gopi
CAclubindia
