Answer Posted / santosh
The current Secretary-General is Ban Ki-moon of South
Korea, who took office on 1 January 2007. His first term
will expire on the 31st of December 2011, and he will be
eligible for reappointment.
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Dear Friends, May i please know the full form of Form FC-TRS, which is filed in the case of transfer of shares from resident to non- resident and vice versa.
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In the Companies Act, 1956 there is no ward as ‘Wholly Owned Subsidiary’ (WOS), WOS means a company of which entire equity share capital is held by other Company. For example A company holds entire equity shares of B Company in this case B Company is WOS of A Company. Question: Now the Question is X company has paid up equity share capital of Rs.50000 (5000 shares each of Rs.10).Out of which Y company holds 4990 shares in its own name and remaining 10 shares Y Company holds in its name in 10 different folios (one share in each folio) along with 10 different individuals in the style first name is of Y limited and second (joint name) of individuals like A,B , C…… to J.In such case will X limited be deemed to be a WOS of Y Company ? If yes then how? After this question one more question will come up related to this question
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