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187 Points Posted on 03 October 2012
the paid up capital of xyz co is rs20 lakh consisting of 200000 equity shares of rs 10 fully paid .ABC ltd and its subsidary Def pvt ltd r holding 60000 & 50000 shares respectively in xyz co ltd exAamine wid ref to prov of co act whether xyz is a subsidary of Abc ltd ? would ur ans changed if Def ltd holding 110000 shares in xyz ltd and no shares are held by Abc ltd in xyz
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On 03 October 2012 at 23:37 Report
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22 Points Posted on 04 October 2012
XYZ Ltd is subsidiary co. of ABC Ltd as the total shares aquired by both the co is more than 50%. In second case also the answer wud not differ.
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On 04 October 2012 at 00:47
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187 Points Posted on 04 October 2012
u sure..i mean is subsidary Def ltd share is considered for calculation of total holding
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On 04 October 2012 at 08:40
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Chartered Accountant
3228 Points Posted on 04 October 2012

yes xyz is the subsidiary in both the cases

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On 04 October 2012 at 08:53
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187 Points Posted on 04 October 2012
@ pooja....will u plz tell me the reference of your answer...actully i m doing self study nd this ques eats so much of my time
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On 04 October 2012 at 09:02


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