corporate law

This query is : Resolved 

19 December 2009 if two government companies are holging 70% share of another company, can the latter company be called as a subsidiary company

19 December 2009 unless the two investor govt companies have holding or subsidiary relationship between them, the investing (later) company cannot be subsidiary company.

21 December 2009 Very difficult to say with out the break up of above 70 percent. Can you share the break up of 70%.

21 December 2009 must be break up of 70%.


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