incorporation of 100% subsidiary company
poonam
(Querist) 14 June 2010
This query is : Resolved
I have to incorporate a subsidiary company in india in which there will be 100% shareholding of a foreign company.I know that the procedure will remain the same as in case of incorporation of an ordinary company but here requires compliance of section 187C(1) & (2) and further the subsidiary company is required to file declaration in Form-22B to ROC.My question is when this declaration shall be made and what kind of informations are required to be given while filing form 1A,Form-1,32 & 18.Is there any requirement regarding approval of RBI in this regard.
I want to clear it that I have already applied name of company and given name of directors as promoters in Subsidairy company and the name is approved by ROC but now because of Section 187C compliance and provisions of Section 49(3)I am getting confused.I will be glad if anyone tell me the step by step procedure for incorporation of this company.
DEFENSE ADVOCATE.-firmaction@g
(Expert) 14 June 2010
Which is your place . In mumbai various book publshers publship such books giving step by step procedure. However you have to look them and select one otherwise titles are confusing.Taxman of Delhi also publishes many such books but titles are confusing so first you must see the books before buying.
Raj Kumar Makkad
(Expert) 14 June 2010
I do agree with shashi but not with Vishal....
Daksh
(Expert) 15 June 2010
Raj,
Vishal ki bhavnaon ko samjho!!!!!!!!!!!
Daksh
poonam
(Querist) 15 June 2010
Dear Daksh can you please tell me why did you said Vishal ki Bhavnaon ko samjho,I the person in need who asked the question even herself didn't know what Mr. Vishal said as his comment is blank.He wrote nothing what does it mean.
Daksh
(Expert) 16 June 2010
Ms.Poonam,
I sincerely regret if in case you have felt bad on account of any of my act of omission or commission but having said this kindly look in to my comment it is addressed to Raj who in most of the occassion is habitually comments as he has done in the instant thread. I wanted to tell him that if Vishal has not written anything then we have to gauge what he meant only by presuming only.
Not in my dreams I have thought that this will result in hurt to you.
Once again I sincerely regret and tender my unconditional apology for this unintended and unforeseen blunder.
Best Regards
Daksh
