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what is holding company?
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Answer / sanjeev
A holding company is a company which holds more than 50% of
equity shares of another company as it may controlls the
managment of subsidery company.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / harsh dave
ganesh reddy your answer is perfect man.i was searchin for
this one..thanks dude..keep posting such stuff..
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / bijal bhattasana
A Holding company is a parent company that owns enough
voting stock in a subsidiary to dictate policy and make
management decisions this is generally done through
influence of the company's board of directors.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / saravanapandi
any company which has the control over the board of
directors of other company is also called as holding
company.
| Is This Answer Correct ? | 4 Yes | 4 No |
Answer / ramesh.t
A company which holds the majority of the paid-up capital
company with thw intention of acquiring control over it is
called holding company
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / phanindra
A COMPANY WHICH CONTROLS ANOTHER COMPANY IS CALLED 'HOLDING
COMPANY' AND THE COMPANY SO CONTROLLED IS
CALLED 'SUBSIDIARY COMPANY'
SECTION 4 OF COMPANIES ACT 1956 STATES THAT A HOLDING
COMPANY IS IF IT
1.CONTROLS THE COMPOSITION OF BOARD OF DIRECTORS OF ANOTHER
COMPANY
OR
2.HOLDS MORE THAN HALF OF THE NOMINAL VALUE OF EQUITY SHARE
CAPITAL OF ANOTHER COMPANY.
A SUBSIDIARY COMPANY CANNOT HOLD SHARES OR BE A MEMBER OF
HOLDING COMPANY
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / rupesh kr pandey
A holding company is a company or firm that owns other
companies' outstanding stock. It usually refers to a company
which does not produce goods or services itself; rather, its
purpose is to own shares of other companies. Holding
companies allow the reduction of risk for the owners and can
allow the ownership and control of a number of different
companies. In the US, 80% or more of stock, in voting and
value, must be owned before tax consolidation benefits such
as tax-free dividends can be claimed
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / saravanapandi
a company which has the contoral of taking management
decission of other company is also called as holding
company
| Is This Answer Correct ? | 2 Yes | 4 No |
Answer / hayatullah
holadin company is a company which have more than 50%share
and holding company is the controller of the subsidry
company
| Is This Answer Correct ? | 4 Yes | 11 No |
Answer / jeyakumar
a holding company is a company that owns 50% of the shares
or has the right to appoint or remove the board of
directors of that particular company.
| Is This Answer Correct ? | 2 Yes | 10 No |
(a) Rajesh Ltd. gives you the following information for the year ended 31st March, 2006: (i) Sales for the year Rs. 48, 00, 000. The Company sold goods for cash only. (ii) Cost of goods sold was 75% of sales. (iii) Closing inventory was higher than opening inventory by Rs.50,000. (iv) Trade creditors on 31.3.2006 exceed the outstanding on 31-3.2005 by Rs. 1, 00, 000. (v) Tax paid during the year amounts to Rs. 1, 50, 000. (vi) Amounts paid to Trade creditors during the year Rs. 35, 50, 000. (vii) Administrative and Selling expenses paid Rs. 3, 60, 000. (viii)One new machinery was acquired in December, 2005 for Rs. 6, 00, 000. (ix)Dividend paid during the year Rs. 1,20, 000. (x)Cash in hand and at Bank on 31.3.2006 Rs. 70, 000. (xi) Cash in hand and at Bank on 1. 4.2005 Rs. 50, 000. Prepare Cash Flow Statement for the year ended 31.3.2006 as per the prescribed Accounting Standard. (b) Define the teen "Operating Activities", "Investment Activities" and "Financing Activities" as per NA S-3 Send me this question answer in my mail Address please help me to how solve the question ( deepakgaire@gmail.com) plese plese
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