Substantial ownership & effective control- meaning


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Querist : Anonymous

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Querist : Anonymous (Querist)
22 March 2011 Exact meaning of substantial ownership and effective control of a company?

22 March 2011 Substantial ownership and effective control means the person holding such powers have majority shareholding of the company and is having full decision making powers with him.

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 March 2011 Can you provide me the details where substantial ownership is exactly defined. From where can i get the same?




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