Foreign direct investments
This query is : Resolved
SANKARA NARAYANAN
(Querist)
26 March 2014
When Parent Company LLC USA Transfers Money to a wholly owned Subsidiary Company PVT Ltd in India no new shares to be issued in the subsidiary because the parent company Already owns 100% Shares.
How to treat this FDI We have to issue share certificate for the parent company make it sense kindly explain
How to treat this FDI We have to issue share certificate for the parent company make it sense kindly explain
Nikhil Kaushik
(Expert)
26 March 2014
you can issue additional shares..how does it matter that you already own 100%. increase the authorized share capital, if required and then issue fresh shares.
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
