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Holding & Subsidiary Co.

This query is : Resolved 

18 February 2009 Control of composition of Board of Directors.I have not understood the powers of Holding Co.
Plz Explain with ex.
Thanks in adv.

19 February 2009 Read AS- 18 on Related Party Disclosures.
You will find the defination of Control.
"Control of composition of Board of Directors" is one of the way of getting control over the other company.

04 March 2009 Thanks a lot




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