What will be status of M/s. DDD Pvt Ltd & M/s. CC Pvt Ltd as Pvt Ltd or Closely Public Held?
Suppose M/s. DDD Pvt Ltd
Shareholder:
A Co. - 51% (Outside India Registered)
B Pvt Ltd Co. - 41% (India Reg)
C Pvt Ltd. Co. - 8% (India Reg)
Thus total 100% Complete
and
C Pvt Ltd has shareholder :
E Co. - 55% (Outside REgistered)
F Pvt Ltd - 45% (Indian REg)