1.What is meant by a Co-Subsidary?
2.What is the Difference between a shareholder and a member ?
9 Replies
Vinit
(CA Final )
(188 Points)
Replied 23 February 2011
In order to be a shareholder, shareholding is necessary but to become a member the name should be entered in Register of member.
e.g. In a company not having share capital there is only member but not shareholder.
Vinit
(CA Final )
(188 Points)
Replied 23 February 2011
Suppose there is A Holding Co. H and it has two subsidiayy A & B. In such case A is co-subsidiary fo B.
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 23 February 2011
Mr Vinit,
Then you say the promotors are otherwise Known as members?
The explanation for co subsidary and subsidary doesnt make any differnce in the example u have given above please differenciate
Vinit
(CA Final )
(188 Points)
Replied 23 February 2011
1) If promoters name are present in register of member than 'Yes'.................2) In case of subsidiary there is our control but not in case of Co-subsidiary.
Nitin Grover
(CS)
(1228 Points)
Replied 23 February 2011
Dear Sivaram
Members are those persons whose name are in the Register of Comapny.
if person have shares and dont have name in register he is not member of the company
if person have shares and have name in register he is member of the company
if person have not shares and have name in register he is not member of the company
Abhishek Gupta
(Article)
(21 Points)
Replied 24 February 2011
why we consider invest out of contingency reserve in capital base of final accounts of electricity company
Why we consider captial reserve in case of share capital and loan capital, why free and other reserve is not consider here.
What do you mean by internal combusion power plant.
What do you mean by reasonal return in case of electricity company final accounts. Please explain it deeply.
why the amount is transfer to development reserve and tariff and dividend control reserve.
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