Easy Office
LCI Learning

Difference between Promoter group company & subsidiary compa

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 January 2009 what is difference between subsidiary co & promoter group company
Profile Image

CS Vivek Hegde

Profile Image

CS Vivek Hegde (Expert)
22 January 2009 If a company holds more that 51% share in a co the latter is the subsidiary of the formar..the formar wil be the holding co...

in this case if the former subscribes to the MOA of the subsidiary it becomes Promoter Group Co.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links