Whether Pvt Ltd be a promoter/subsriber
This query is : Resolved
22 December 2009
Dear PC,
Qtn. Whether Private Ltd Company can be a Promoter/subscriber of the New Incorporating Pvt. Ltd. Company?
Plz decribes your views for the same.
Thanking you,
CS Somnath Kagade
Company Secretary
Pune
Qtn. Whether Private Ltd Company can be a Promoter/subscriber of the New Incorporating Pvt. Ltd. Company?
Plz decribes your views for the same.
Thanking you,
CS Somnath Kagade
Company Secretary
Pune
22 December 2009
As per my understanding, in e-form 1A ,applicant as per clause 2(a) should be an individual. Like wise in clause 3, out of the two promoters, one should be an individual and the other can be a company. Consequently subscribers to the MOA and AOA should be one an individual and the other can be a company.
To conclude two Pvt Ltd companies cannot be an applicant and subscriber to the MOA and AOA for incorporating another Pvt Ltd company.
To conclude two Pvt Ltd companies cannot be an applicant and subscriber to the MOA and AOA for incorporating another Pvt Ltd company.
22 December 2009
Thanks a lot for solve the query.
be in touch
be in touch
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
- TDS 194-T applicability
- Applicability of GST on Salary Reimbursement Component
- Tds on commission charges
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- GST ITC REVERSE
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Need Professional Opinion AY 2012-13 Old Demand
- Withdrawal in cash from partners capital account by partner
- New GST registration for new place of business.
- FAST-DS Scheme - Foreign Assets
- Dep. as per companies act
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
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
Quick Links
ARTICLESHIP
18 September 2026
Industrial Trainee
Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
View Details
ARTICLESHIP
04 September 2026
Accounts Executive
Hema Yashwanth & Associates
Chennai
B.Com
View Details
CCI
Pro
CAclubindia
