procedure to acquire subsidiary company
This query is : Resolved
04 March 2010
Hello Experts,
Can u pls provide ma the Procedure to acquire/ to make one co as a subsidiary co?
I am working with one BSE Listed co. and my co. is planning to acquire one pvt. ltd. by makig it as subsidiary.
whats the procedure and any other implications if any r there
pls let me know
Thank u in advance
jalpa
Can u pls provide ma the Procedure to acquire/ to make one co as a subsidiary co?
I am working with one BSE Listed co. and my co. is planning to acquire one pvt. ltd. by makig it as subsidiary.
whats the procedure and any other implications if any r there
pls let me know
Thank u in advance
jalpa
04 March 2010
The Private Limited Company can be made a subsidiary by acquiring more than 50% of the shareholding or more than 50% of the composition of the Board.
Once the company becomes your subsidiary, please do check the provions of the listing agreement like Cl 41, 49 that would be attracted to a certain extent.
Once the company becomes your subsidiary, please do check the provions of the listing agreement like Cl 41, 49 that would be attracted to a certain extent.
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05 March 2010
Thnak you sir,
jalpa
jalpa
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