Minimum no. of shareholders in wholly owned subsidary

all the shares will be on the name of Company and put one person as a nominee of the Company.

For eg. 

Abc private limited 999 shares

Mr. A                   1 Share

(Nominee of ABC Private limited)

Mansi,

For appointing a nominee to hold one share to comply with provision of having minimum no of shareholders in company, need to comply with section 89 of CA, 2013.

Prakash, 

Thank You for your guidance,

Have referred Section 89. Have the following Query

Form MGT - 4 will be filled by the nominee holding say 1 share.

& Form MGT 5 will be filled by the Holding company holding rest say 99 shares?

is the above conclusion correct?

Yes,

Registered holder or person holding one share that is nominee shall file Form MGT-4 with Company (not with ROC)  in duplicate, within a period of thirty days from the date on which his name is entered in the register of members of such company.

Beneficial owner or who is holding 99 shares shall file with Company (not with ROC) declaration disclosing such interest in Form No. MGT-5 in duplicate withn thirty days after acquiring such beneficial interest in the shares of the Company.

Where declaration received by Company, the Company will file, within a period of 30 days from the date of receipt of declarations by it, a return in Form No MGT-6 with ROC in respect of such declaration.