Strike off company means removing a company’s name from the firm’s register maintained by the registrar (herein, after referred to as registrar). The registrar may issue a notice for a strike-off of companies, or the company can apply to the registrar for a strike off. The provisions for the strike-off of the company are dealt …
In today’s world, mostly all the corporates irrespective of size, require capital to expand, diversify and grow their business. Every year many companies come into existence which tries to bring new product & Services in the market. All the companies require funds for expansion and to meet their working capital requirements. These funds can be …
What is a foreign subsidiary company? A subsidiary company is a company in which more than 51% of the equity shares are owned by a foreign company incorporated outside India; such a company is known as a holding company. The rules and regulations are framed by: Companies Act, 2013 Income Tax Act, 1961 FEMA, 1999 …