Trust is an arrangement where one person gives the ownership of the property to another party (usually a trust) to be taken care of for another party commonly known as a beneficiary.
For conversion, a person is required to open a Demat account with depository participant and file a dematerialisation request form along with his share certificates.
According to the size and investment a person can choose between a: Private Limited Company (PVT): A private limited company is an attractive business model as it is a company with a minimum paid-up share capital of 1 lakh.
Purchase and transfer of shares to NRI or person residing outside India A person residing outside India may purchase equity or preference shares or convertible debentures offered on the right basis by a Private Limited Company or Public Limited Company, under specific conditions: The percentage of the Foreign Equity which is already approved or that is permitted under the FDI Scheme should not increase with the purchase of shares by the NRI.
Eligibility for Fast Track Merger (FTM) The applicability of Fast Track merger is only on the following companies: Small Companies As per the companies act the companies that are classified as small companies can perform fast track merger.