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Does the definition as given in Q.3. mean that one cannot acquire an existing company either partially or wholly?

April 26, 2017acquire COMPANY definition existing given mean wholly

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Does the definition as given in Q.3. mean that one cannot acquire an existing company either partially or wholly?

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A. No. An eligible entity is free to acquire either a partial stake (JV) or the entire equity (WOS) in an already existing company, provided the valuation is as per the laid down norms. (Please refer answer to Q.16).