Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Jayanta Bandyopadhyay   20 March 2024

Father son duo holding 100% parent and wos in maritius

Father -Son duo have LLP at India and also owns A wholly owned subsidiary at Mauritis 

Are they capable to sign Loan Agreement representing both the companies-Indian parent and Foreign WoS at the same time. As if both are making FDI as well as taking loan on Behalf if Mauritis Company?

One can mention identity of diff Company buy beneficial ownership rests with Father Son duo in both cases.

 

Pl guide.



Learning

 1 Replies

T. Kalaiselvan, Advocate (Advocate)     22 March 2024

You can ask for the details and formalities for this from the concerned bank directly. 

You will be properly guided by the bank authorities. 


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register