what is subsidiary company, explain brief?
- 7 Answers
- 20306 Views
- Reliance, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / neha
A company controlled by another company. A company is deemed
to be a subsidiary of another if (but only if): (a) that
other (i) is a member of it and controls the composition of
its board of directors; or (b) holds more than half in
nominal value of its equity share capital; or (b) the
first-mentioned company is a subsidiary of any company which
is that others subsidiary.
| Is This Answer Correct ? | 80 Yes | 13 No |
Answer / ankita
in short whenever a company takes 51 percent or more shares
of another compny...
then the latter co is called subsidiary compyy...
| Is This Answer Correct ? | 33 Yes | 28 No |
Answer / praveen
A company controlled by another company. A company is deemed
to be a subsidiary of another if (but only if): (a) that
other (i) is a member of it and controls the composition of
its board of directors; or (b) holds more than half in
nominal value of its equity share capital; or (b) the
first-mentioned company is a subsidiary of any company which
is that others subsidiary
| Is This Answer Correct ? | 8 Yes | 3 No |
Answer / deepak
A company controlled by another company. A company is deemed
to be a subsidiary of another if (but only if): (a) that
other (i) is a member of it and controls the composition of
its board of directors; or (b) holds more than half in
nominal value of its equity share capital; or (b) the
first-mentioned company is a subsidiary of any company which
is that others subsidiary.
| Is This Answer Correct ? | 9 Yes | 8 No |
Answer / master of moster
a company controlled by another company a company is deemed
to be subsidiary of another company if its board of
directors holds more than half share capital.the first
mentioned company is subsidiary of any company which is that
other subsidiary
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / md. faizur rahman.
When a company acquires majority share in the ownership capital or is in a position to influence or control the management of the other company, the company is called a Holding Company and the other company its Subsidiary....
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / harsh dave
neha ur ans in perfect...this is what i was looking
for..keep posting such stuff..Harsh..
| Is This Answer Correct ? | 9 Yes | 9 No |
What is the difference between authorized capital and issued Capital of a private limited company incorporated in Hong Kong
can company can follow single entry system
5 Answers SSI Small Scale Industries, Triveni,
what was the need of Merger in 1991?
How are GDR different from ADR when both are denominated in US dollors??
what is procedure to transfer funds between companies registered under sec 25 of the companies act? Is there is possible to get exemption certificate?
what mean by derivatives?
what is the procedure to start any company? who will fix this share value?how to go for pulic issue?
What is the rate for filling of Company returns?
1) What is the steps of delisting the listed company 2) How to spliting the listed company shares 3) Which way the company should function when it has paidup capital is equal or more than 5,00,00,000/- (I mean which way the company should do it work in the company Act 1956. Is the company have to appoint a CS and and managing director of a any other things which is compulsory for these kind of company which paid up capital is 5,00,000/-
what is form No.32 in MCA?
5 Answers AV Bistro Private Limited, Harit Path, Hero Mindmine Institute,
How to analyse the day to day sensex Points or Forex Values?
What are the factors that come under general office administration especially if it the industry type is Software,BPO,Telecoms and constructtions?
Audit 
