04 April 2010
the question is given like:- the paid up share capital of XYZ(private)company ltd. is rs.20lakhs consisting of 200000 equity shares of rs.10 each fully paid up.ABC(private)ltd and its subsidiary DEF(private)ltd. are holding 60000 and 50000 shares respectively in XYZ(pvt)co.ltd. and no shares are held by ABC (pvt.)ltd. in XYZ(pvt)co. ltd.?
this is the question given...what is to be answered from the above?