Case study

pallavi (article) (187 Points)

03 October 2012  
the paid up capital of xyz co is rs20 lakh consisting of 200000 equity shares of rs 10 fully paid .ABC ltd and its subsidary Def pvt ltd r holding 60000 & 50000 shares respectively in xyz co ltd exAamine wid ref to prov of co act whether xyz is a subsidary of Abc ltd ? would ur ans changed if Def ltd holding 110000 shares in xyz ltd and no shares are held by Abc ltd in xyz