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Regarding

(Querist) 12 January 2012 This query is : Resolved 
dear Sir,


A Private Limited Company's shares are purchased by a public limited company so as to constitute that the private limited company becomes the subsidiary of the public limited company.

In this context, what are the procedures to be followed by the private limited company?

Explanation:

A - Private Limited Co
B - Unlisted Public Limited Co

52% of A's shares are purchased by B.
What must A do ?
Report Abuse
Raj Kumar Makkad (Expert) 12 January 2012
It shall be better for you to raise this query on www.caclubindia.com
Sathyan Avinash (Querist) 13 January 2012
Oh Sir , thank you for your expert opinion

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