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Associate company means

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 August 2015 Dear Sir,

A shareholder is having 80% shareholding in two Private Copmanies. Does it mean both the companies are Associate with each other (there is seperate agreement for any business decision & no shareholding of respective companies with each other).


Thanking you in advance
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
05 August 2015 If he is able to influence the decision making in both companies then are considered as associate co.

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