Foreign subsidiaries

Jayanta Bandyopadhyay (245 Points)

18 June 2024  

We , an unlisted public ltd co (family run) have a wos at Mauritius, who in turns have (a) another wos as well as (b) 70% stake in another company in Mauritis. That company also holds 90% stake in one Africa compan ,where an Indian individual holds 10%.

Now, we would like to shift these 2 step down subsidiary cos from  Mauritius to Dubai. What is compliance part on the part of Indian parent. We are not disturbing our own wos at Mauritius?

Pl guide