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what is holding company, explain brief?

Answer Posted / soori

Holding company means

(1)the company which is holding 51%(morethan 50%) of Shares
in anothery company.
(2)51% (more than 50%) of voting rights in any other
company
(3)the company which is having control on the the board of
directorship in any other company.

other comapany called as a subsidiary company.
(4) Subiary of subsidiary company which is subsidiary of
holding company(parent company).

Regards
soori

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