Holding subsidiary relationship
This query is : Resolved
06 January 2011
XYZ company holds 40% shares in PQ Ltd
ABC company holds 40% shares in PQ Ltd, and Z Pvt. Ltd. holds 20% shares in PQ Ltd
and XYZ company hold 70% shares in ABC and 30% on Z Pvt. Ltd. so PQ ltd. can be consider a subsidiary of XYZ.
ABC company holds 40% shares in PQ Ltd, and Z Pvt. Ltd. holds 20% shares in PQ Ltd
and XYZ company hold 70% shares in ABC and 30% on Z Pvt. Ltd. so PQ ltd. can be consider a subsidiary of XYZ.
07 January 2011
According to me ABC is the subsidiary of XYZ. However ABC holds only 40% shares in PQ Ltd. Hence PQ Ltd. is neither a subsidiary of ABC nor XYZ.
Other experts views?
Other experts views?
08 January 2011
Agreed with expert Jayshree!
Regards
CS Udit Sharma
Regards
CS Udit Sharma
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