what would be your major contribution if you get this job?
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Answer / rashmita saikia
I will try to explore my talents in this field for the
betterment of the organization.
| Is This Answer Correct ? | 7 Yes | 3 No |
Answer / jograd
Law is somethin you need to add and fill all the gaps
between the actual and theory. Combining both these gaps
make it into a whole new policies.
| Is This Answer Correct ? | 2 Yes | 0 No |
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
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