Proposal of M/s. Reckitt Benckiser Plc. UK to set up a new wholly owned Subsidiary investing company to make downstream investment in M/s. Paras Pharmaceuticals Limited by way of acquisition of 100 per cent equity approved

Proposal of M/s. Reckitt Benckiser Plc. UK to set up a new wholly owned Subsidiary investing company to make downstream investment in M/s. Paras Pharmaceuticals Limited by way of acquisition of 100 per cent equity approved https://www.taxtmi.com/news?id=1739 Approval authorised formation of a wholly owned subsidiary with 100% foreign equity subscribed by Reckitt Benckiser (Singapore) Pte. Limited and a nominee (ten shares) to make a downstream investment by acquiring 100% equity in M/s. Paras Pharmaceuticals Limited, effectuating foreign direct investment into the subsidiary via the downstream acquisition route. en-us Tue, 29 Mar 2011 19:05:50 +0530 Wed, 30 Mar 2011 14:37:00 +0530 TaxTMI RSS Generator Proposal of M/s. Reckitt Benckiser Plc. UK to set up a new wholly owned Subsidiary investing company to make downstream investment in M/s. Paras Pharmaceuticals Limited by way of acquisition of 100 per cent equity approved https://www.taxtmi.com/news?id=1739 Approval authorised formation of a wholly owned subsidiary with 100% foreign equity subscribed by Reckitt Benckiser (Singapore) Pte. Limited and a nominee (ten shares) to make a downstream investment by acquiring 100% equity in M/s. Paras Pharmaceuticals Limited, effectuating foreign direct investment into the subsidiary via the downstream acquisition route. News - Tue, 29 Mar 2011 19:05:50 +0530 https://www.taxtmi.com/news?id=1739