This is defined under the FEMA Act, 1999 where a Private Limited Company is the most simpler medium for the NRI or Foreign Investors to invest in a business in India.
Merger and acquisition are company restructuring tools that are incorporated by the company professionals for expansion and diversification of the business to achieve the objectives for which the company was formed.
To open a current bank account, you need to submit various documents from the required category: Entity Proofs You need to present at least one of these documents to open a current bank account for your business.
Once the transferee agrees within two weeks about the transfer of shares, then the company is not required to intimate the transferer about the transfer process.
Voting Rights of Equity Shareholder Equity shareholders in a company are the main shareholder of the company but when the distribution of share is done the preference shareholder will be the first one to be distributed the dividend.
Wholly owned subsidiary Any company which is completely owned by another company such as a parent or holding company is known as a wholly owned subsidiary.