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.
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