Hi,
We are 6 people partnership firm based in Erode, Tamil Nadu. We want to takeover a private limited company 100% owned by foreign nationals. They are French husband and wife owning 50% shares each.
1) Can the partnership firm own shares in Pvt limited company?
2) If not, Can the buyers use the Partnership firm to route money to remit to the sellers, and acquire shares in the name of partners?
Thanks a lot for your assistance,
Easwar
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