holding subsidiary
pritesh jain (155 Points)
19 January 2019as directors have direct and indirect control equall in 3 companies..
pritesh jain (155 Points)
19 January 2019
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 19 January 2019
If everything is same first of all then why are three different companies made?
If made for different work procedure then on the basis of nature of work holding and subsidiary can be decided.
Thats mutual discussion of Directors regarding which company shall be holding and which subsidiary.