Wholly owned subsidiary

Siddharth Singh (CS) (134 Points)

27 May 2013  

Hi All

 

Please apprise that incase of making a private ;imited company a wholly owned subsidiary of other private limited company who shall sign the transfer deeds as transferee:

 

(i) is it the Pvt. Ltd. company which shall sign the deed or

 

(ii) Pvt company and the nominee who will be holding  some 10 shares on behlf of the said pvt company pursuant to section 187C of the Act

 

Also please apprise whose bname will be endorsed on memorandum of transfer invase of shares held by the Nominee.

 

Thanks