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Holding & subsidary company

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(Querist)
19 November 2011 DEAR SIR,


WHAT IS MEANT BY HOLDING & SUBSIDARY COMPANY.
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CA Pabbaraju Laxmi Narasimha

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CA Pabbaraju Laxmi Narasimha (Expert)
19 November 2011 Holding company means a company which holds more than 50% of the other company.

The company in which more than 50% is held by the single company is called SUBSIDIARY company.

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