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IN THE CASE OF A PRIVATE COMPANY WHICH HAS ACQUIRED 100 PERCENT SHARES OF ANOTHER PRIVATE COMPANY AND MADE THE OTHER COMPANY AS ITS WHOLLY OWNED SUBSIDIARY, FOR QUORUM PURPOSE HAS TO HAVE TWO MEMBERS. THE QUERY IS WHETHER MGT-4 SHOULD BE GIVEN BY THE COMPANY AND MGT-5 TOBE GIVEN BY THE NOMINESS WHOS IS THE DEFACTO HOLDER OF SAY ONE OR 10 SHARES. OFCOURSE THE MGT-6 IS GILED BY THE SUBSIDIARY COMPANY WITH ROC.

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Posted By: P k krishnamurthy 9 year(s) ago

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Anita

It is written on the forms itself that MGT-4 is to be given by the registered owner means the nominees and MGT-5 by the beneficiary i.e by the company

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Expert Ankit Singhi

MGT-4 has to be given by the nominee, MGT-5 by the Company

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