Procedure to close subsidiary comapny of a public limited co
This query is : Resolved
KAMAL TAYAL
(Querist)
01 April 2013
Hi Friends,
I want to know the procedure & time period require to close Subsidiary of a public limited Company.
Regards,
KAMAL TAYAL
I want to know the procedure & time period require to close Subsidiary of a public limited Company.
Regards,
KAMAL TAYAL
Ajay Mishra
(Expert)
01 April 2013
Hi
I think, for removing the status of company, make fresh allotment of shares to another to reduce the amount of shareholding of holding company to less than 50%.
I think, for removing the status of company, make fresh allotment of shares to another to reduce the amount of shareholding of holding company to less than 50%.
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