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Relationship between 2 Companies having Coss holding

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 April 2010 I want to know what is the realtion betwwen 2 companies if each of them hold 50% of the nominal value of the Equity Share Capital in other. And how will their balance sheet be presented.
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kartik_somu

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kartik_somu (Expert)
14 April 2010 both will become holding and subsidiary to each other.

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