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Sidhartha (Student)     22 September 2011

Joint venture with subsidiary merged company

A foreign company named XYZ had formed a subsidiary company XYZ-I. Thereafter the subsidiary company merged back with the foreign parent company. Afterwards an Indian company formed a Joint venture with XYZ-I and submitted the bid for a project work. Now my query is whether the JV formed is valid since it has already been merged with the parent company?



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 1 Replies

Sachin Agarwal (Propritor)     22 September 2011

Dear Sidhartha, 

                                     You are right apparently. But There are various consideratble in this respect. Please send me full detail in my email id sachinagarwalcallb@gmail.com for detail disscussion. 

 

Thanks 

Sachin Agarwal CA LLB 

Contact  +91 9910822027


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