Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Closing of Foreign Subsidiary company In India

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... We want to close foreign subsidiary company in India. What is the procedure and related forms that need to be filed with MCA? - Reply By MARIAPPAN GOVINDARAJAN - The Reply = You have to comply .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... with the provisions relating to voluntary closure under the Companies Act, 1956 . - Reply By Ganeshan Kalyani - The Reply = In my view Companies Act 1956 is superceded by Companies Act 2013 . .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - Reply By MARIAPPAN GOVINDARAJAN - The Reply = The provisions relating to closure/winding up of the company in Companies Act, 2013 have not yet come into force. As such the Companies Act, 1956 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... is to be followed. - Reply By Ganeshan Kalyani - The Reply = Thanks Sir. Noted. - Reply By Mahir S - The Reply = Sir, To the best of my knowledge, there are 3 avenues for closure of foreign subs .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... idiary in India. They are as follows : Fast track exit scheme (FTE), transfer of shares of company and voluntary winding up of company. The procedure under the first one above is more easier .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... compared to the second and third avenues. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = I agree with the views of Shri S. Mahir - Closing of Foreign Subsidiary company In India - Query Started B .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y: - anu malve Dated:- 11-1-2016 Corporate Laws / SEBI / LLP - Got 6 Replies - Companies Law - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates