Interested to Buy Any Domain ? << Click Here >> for more details...
In the Companies Act, 1956 there is no ward as ‘Wholly
Owned Subsidiary’ (WOS), WOS means a company of which
entire equity share capital is held by other Company.
For example A company holds entire equity shares of B
Company in this case B Company is WOS of A Company.
Question:
Now the Question is X company has paid up equity share
capital of Rs.50000 (5000 shares each of Rs.10).Out of
which Y company holds 4990 shares in its own name and
remaining 10 shares Y Company holds in its name in 10
different folios (one share in each folio) along with 10
different individuals in the style first name is of Y
limited and second (joint name) of individuals like
A,B , C…… to J.In such case will X limited be deemed to be
a WOS of Y Company ? If yes then how?
After this question one more question will come up related
to this question
- 0 Answers
- 3227 Views
- I also Faced
- E-Mail Answers
No Answer is Posted For this Question
Be the First to Post Answer
Which law is broken most frequently?
What is the difference between company & organisation send the details plz.?
if transportation paid by the party and tds not applicable then the tds return is to be filed by the party for transportation only
who is our chief president
how we can see in SENSEX and NIFTY listed companies ?
how one can prove statutory auditors liability according tp indian law?
which artical of constitution provides provision for amendment.
What you know about the impact of the Human Rights Act on law in this country?
what is the full form of poto, tada, and gujkok
What does it mean to 'take' another's car?
whether WCT is applicable on free issue of material?
Is it possible to take VAT credit on expenses made by manufacturing units?
-
Law AllOther (806)
