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what is subsidiary company, explain brief?

Answers were Sorted based on User's Feedback



what is subsidiary company, explain brief?..

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

what is subsidiary company, explain brief?..

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

what is subsidiary company, explain brief?..

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

what is subsidiary company, explain brief?..

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

what is subsidiary company, explain brief?..

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

what is subsidiary company, explain brief?..

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

what is subsidiary company, explain brief?..

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

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