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100% subsidiary

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 November 2014 hello everyone
i would like to ask you that how co a company become 100% holding company according to co act 2013??
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
28 November 2014 with holding or having 100% of equity shares of the particular company
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Querist : Anonymous

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Querist : Anonymous (Querist)
29 November 2014 sir but how can a company hold 100% shares of a particular company??? as memebers will be below 2 as required by law...
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CS Adnan Shaikh

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CS Adnan Shaikh (Expert)
29 November 2014 Keep nominee shareholder for a small portion of capital

Example: out of 10,000 shares
A Ltd - 9,990 shares
(X person) Nominee of A Ltd - 10 shares
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Querist : Anonymous

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Querist : Anonymous (Querist)
29 November 2014 Mr adnan this is according to ca act 1956... i am asking in co act 2013 becuase co act 2013 says about shareholding and not voting power..
thank you
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