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what is holding company?
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Answer / ramya
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 ? | 3 Yes | 16 No |
Answer / vijay gawalkar
Sarath babu and kavi you both are wrong, if a company
acquire 51% of shares then it will become owner of the
company and not called holding company at that time.
A Holding comapany of a subsidiary company when it acquire
more than 25% of the subscribed captial of the subsidiary
company.
| Is This Answer Correct ? | 12 Yes | 32 No |
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