Doubt relating to jointventure and holding company concept
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 November 2015
Dear Sir,
urgent please
If a Foreign Institutional Investor(which is also an investment company) invested 60% equity share capital in a indian private limited company through share subscription/ shareholders agreement.
In the agreements it has been referred as Investor.
My doubt is whether we need to call that foreigh investor as holding company of the said indian private company as per new companies act defenition or whether we can call it as joint venture?
urgent please
If a Foreign Institutional Investor(which is also an investment company) invested 60% equity share capital in a indian private limited company through share subscription/ shareholders agreement.
In the agreements it has been referred as Investor.
My doubt is whether we need to call that foreigh investor as holding company of the said indian private company as per new companies act defenition or whether we can call it as joint venture?
28 November 2015
The foreign investment company is the holding company of the Indian private limited company as it is holding 60% share capital.
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