Originally Posted by
SSS100
Hi Dave,
Earlier this year i started a Holdings company "C", which i then used as a shareholder in both company A & company B (the reason was that i was trying to grow a situation where only the Holdings company own shares in other entities i will start, and not one entity owning shares in another)
And as things stands now, company A has no ownership in company B, the Holding company C, owns shares in both A & B (with myself being the only shareholder of C)
How do we deal with this matter? the company secretareal says i can not convert the loan on B into shareholding as A is not shareholder in B
Any idea? Please
Botton line is both companies, A & B have one shareholder, C and C has one shareholder, myself
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