Accordingly, a holding company is allowed to have only up to two layers of subsidiaries excluding one layer of wholly-owned subsidiaries. Parallelly, the restriction on investment through not more than two layers of investment companies also applies.
Joint Venture Consultancy
Certain jobs or projects require large investments or involve high risks or sometimes also require multi-skills. An individual or a small firm may not be able to carry out this stand-alone project. Thus two or more individual or small firms fulfilling requisite skills and resources come together and form a temporary partnership. This temporary arrangement is called a joint venture. A memorandum of an undertaking is formed between the parties for this joint venture.
We at VJM & Associates LLP help in planning of joint venture proposals for various business entities sailing on our joint venture services parameter. VJM & Associates LLP works meticulously when it comes to building up a comprehensive archetype for the business. We aim at knowing the company inside out for the efforts to sail on expectations.