Subsidiary Relationship
This query is : Resolved
02 December 2008
A co. is holding 49.81% shares in B & C. B & C Co. each others cross holding 49.81%. Balance is held by Others. Now whether the B & C are treated as subsidiary of A or anything else
06 March 2009
it can not be treated as subsidiary of A co. A co. has significant influence on both this company.
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