If A Ltd. holds 60% in B Ltd. & at the same time B Ltd. holds 55% in A Ltd. , then what will be the relation between them?
Sanmitra Sanjeev Ratnaparkhi (-) (223 Points)
27 April 2014If A Ltd. holds 60% in B Ltd. & at the same time B Ltd. holds 55% in A Ltd. , then what will be the relation between them?
CA Saroj Kumar
(Keen to learn something new every moments)
(2588 Points)
Replied 28 April 2014
Its a hipothetical question....its can not be done in practical ....also as per law..its not possible that at the same time A holding company be subsidiary of its own subisidiary....company....however subsidiary may hold lower % of share in holding company at the same time....but its cannot be holding of its holding...
Sanmitra Sanjeev Ratnaparkhi
(-)
(223 Points)
Replied 28 April 2014
Thanks for clearing it.
Have a great day ahead.
CA Saroj Kumar
(Keen to learn something new every moments)
(2588 Points)
Replied 28 April 2014
CA Saroj Kumar
(Keen to learn something new every moments)
(2588 Points)
Replied 29 April 2014
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