Wholly owned subsidiary companies
This query is : Open
12 September 2017
Dear All,
Please share details regarding the wholly owned subsidiary companies, and share the supporting documents.
Please share details regarding the wholly owned subsidiary companies, and share the supporting documents.
18 September 2017
To incorporate wholly owned subsidiary companies, one shall abide the provisions of Section 186 of companies Act, 2013. The procedure for incorporation of WOS is enumerated below in brief:
Passing resolution at Board Meeting or Members’ Meeting as applicable for
o investing into subsidiary;
o authorising a director to act as authorised person to carry out necessary actions to bring the subsidiary in existence;
o to authorise one of the director to be hold at least one share in capacity of director, in order to fulfil requirement of minimum members.
· Application in Form INC 1 for name approval of the company.
· Drafting of required documents including MoA and AoA.
· Filing of SPICe forms with MCA by filing required documents for incorporation of Company.
The supporting documents are narrated below:
· KYC documents of director & subscribers
· Board/Members’ Resolution of Holding Company
· Business Address Proof
For more queries, feel free to contact experts at LegalWiz.in at 89806 85509.
Passing resolution at Board Meeting or Members’ Meeting as applicable for
o investing into subsidiary;
o authorising a director to act as authorised person to carry out necessary actions to bring the subsidiary in existence;
o to authorise one of the director to be hold at least one share in capacity of director, in order to fulfil requirement of minimum members.
· Application in Form INC 1 for name approval of the company.
· Drafting of required documents including MoA and AoA.
· Filing of SPICe forms with MCA by filing required documents for incorporation of Company.
The supporting documents are narrated below:
· KYC documents of director & subscribers
· Board/Members’ Resolution of Holding Company
· Business Address Proof
For more queries, feel free to contact experts at LegalWiz.in at 89806 85509.
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
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Soyabean hsn code and gst rate
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Treatment of Pension ?annuity returns on PMVY
- Salary and pension received from Asian Development Bank
- What is provisional receipt number for generation of form 16A
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Free lancer income
- BIS Certificates
- Scrutiny assessments u/s 143(2) for AY 25-26
- GSTR-4 Annual Return ! Pending Returns for F.Y. 20-21 to 22-23
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
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
