J. Khosla, Member. - The applicant, Deere & Company, USA, is a foreign company incorporated under the laws of the USA. It has worldwide subsidiaries. It provides advanced products and services for agriculture, forestry, construction, lawn and turf care, landscaping and irrigation. The Deere Group also provides financial services worldwide and manufactures and markets engines used in heavy equipments. John Deere India Private Limited (JDIPL) is a company incorporated in India and is a subsidiary of the applicant. It is engaged in manufacture of tractors and provides services in the field of water solutions, crop solutions, information technology and Income-tax enabled services. The applicant holds 344,857,343 equity shares of JDIPL (representing 99.99 per cent of the paid-up share capital) and the balance 10 shares are jointly owned by the applicant and Mr. Klaus Ramsauer.

1.1 John Deere Asia (Singapore) is a Pvt. Limited company incorporated in the Republic of Singapore and owned by the applicant through John Deere Asia, Netherlands BV. This company is incorporated in Netherlands. This company serves as Deere Group's Marketing Organization for its various businesses in South-E