08 November 2013
Suppose : ABC LIMITED HAVING 45 PERCENT OF SHARE IN XYZ LIMITED BUT AFTER ALLOTMENT OF CERTAIN NIUMBER OF SHARES TO ABC LIMITED, IT BECAME THE HOLDING COMPANY OF XYZ LIMITED.
SO, what r the privileges enjoy by a ABC LIMITED upon XYZ LIMITED and what r the obligation faced by a XYZ LIMITED after becoming subsidiary of a ABC LIMITED
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