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What

C.A DEEPTHI (student) (179 Points)

02 July 2011

what's the difference between whole of share capital being held by the parent company and holding the entire capital in the name of holding?

The issue is regarding a case law in dec 2010 students journal pg 12, case law 4.

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2 Replies

Arvind Sharma (ACA) (1432 Points)
Replied 02 July 2011

Originally posted by : deepthi

what's the difference between

whole of share capital being held by the parent company i.e. actually held by the Parent Company,

and holding the entire capital in the name of holding i.e. held by third party in the name of Parent Company (viz by Trust where beneficiary is that Parent Company)?

this is my view, let see what other reply....

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C.A DEEPTHI (student) (179 Points)
Replied 04 July 2011

i think your view is correct because i got the clarity of case law by applying this meaning. if some one refer the case law and discuss it would be more clear thank you.