Associate company means
This query is : Resolved
Querist : Anonymous
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
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
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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