Acquisition of 100% shares of public ltd. unlisted co.
This query is : Resolved
Mitali Agarwal
(Querist)
25 January 2013
Dear Friends,
I had a following query-
A Ltd. (public unlisted co ) wishes to acquire 100% shares of B Ltd. (unlisted co.).
Kindly confirm that -
1- whether A Ltd. can acquire 100% shares of B Ltd. or there have to be min. 7 members of B Ltd.?
2- whether the main objects of B Ltd. (proposed 100% subsidiary of A Ltd.) have to be commensurate with the objects of A Ltd.?
3- whether the said acquisition can take place by just transfer of shares by individual shareholders of B Ltd. in favour of A Ltd. and no other formalities required?
I had a following query-
A Ltd. (public unlisted co ) wishes to acquire 100% shares of B Ltd. (unlisted co.).
Kindly confirm that -
1- whether A Ltd. can acquire 100% shares of B Ltd. or there have to be min. 7 members of B Ltd.?
2- whether the main objects of B Ltd. (proposed 100% subsidiary of A Ltd.) have to be commensurate with the objects of A Ltd.?
3- whether the said acquisition can take place by just transfer of shares by individual shareholders of B Ltd. in favour of A Ltd. and no other formalities required?
CA Lokesh Pokharna
(Expert)
25 January 2013
1- it MAY BE A MERGER OR ACQUISITION DEPENDS
2 - yes
3- this is also possible.in this case no formalities required on co. side.
2 - yes
3- this is also possible.in this case no formalities required on co. side.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Issuing of delivery challan by seller of goods
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- MSME disclosure and disallowance
- Taxation of crypto futures in India Fy 2026- 2027
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
