Holding and Subsidiary
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 July 2010
There are 2 companies A and B. All shareholders of A are shareholders of B or, all shareholders of B are shareholders of A. Here which is the holding company and which is the subsidiary company?
21 July 2010
Common shareholding between 2 Companies do not constitute Holding or subsidiary relation.
In ur case first check whether by such common holding of shares whether any company is have control on other Company i.e. whether A can control the B's . If so than only A is holding Co. of B.
In ur case first check whether by such common holding of shares whether any company is have control on other Company i.e. whether A can control the B's . If so than only A is holding Co. of B.
22 July 2010
Agree with expert. Common shareholding does not constitute holding - subsidiary relationship.
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