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Holding - subsidiary company

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(Querist)
15 January 2013 If A is holding company of B.

B & C holds more then 51% together in D,

Is D subsidiary of A
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Guest

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Guest (Expert)
15 January 2013 d is subsidiary of A only when either B or B and A jointly hold more than 50% share in (equity) in D.

and keep in mind there is no criteria of 51% holding

it is simply more than 50% holding
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khushbu

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khushbu (Querist)
15 January 2013 so it does not matters if b and c holds more then 50% in A
The criteria is D should be subsidiary of B or C individually
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Guest

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Guest (Expert)
15 January 2013 yes, but you have wrote A, in your reply

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