Query regarding conversion of indian company into foreign wos

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26 Points Posted on 04 August 2020
can company incorporated in India be converted into foreign wos?

please reply urgent.
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On 04 August 2020 at 13:24 Report
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This discussion addresses the conversion of an Indian company into a foreign wholly-owned subsidiary (WOS). It clarifies that such a conversion is possible by transferring 100% of the shares to a foreign company. The conversation also touches upon the change in CIN (Corporate Identification Number) when incorporating a foreign subsidiary.

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43 Points Posted on 05 August 2020
Yes. if 100 percent of the shares are transferred to foreign company
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On 05 August 2020 at 12:10
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26 Points Posted on 06 August 2020
Thanks for the reply. but in case we incorporate foreign subsidiary CIN is different from normal company then how CIN can be changed in this case?
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On 06 August 2020 at 17:18

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