26 September 2014
Hi every one, I have a question, one person is partner in two firm i.e. firm A firm B, in firm A he have 19.8% and firm B 50% share. i want to know that which firm is sister concern ??
26 September 2014
actually none...for two organizations to be sister concerns, they should be subsidiary of same entity. In this case Firm A is not a subsidiary or substantially owned by the same parent ..
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