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Consolidation of Company (AS21)

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(Querist)
11 February 2009 Can one Subsidiary have 2 Holding company.
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NITIN

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NITIN (Expert)
11 February 2009 Yes one subsidiary have more than one holding company. Other than condition of holding 51% or more shares other condition is fulfilled in any other company of appointment of BOD withconsent of that other company in that case H ahd that other company is holding company of S company
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