Holding and subsidiary company
This query is : Resolved
13 March 2012
If a holding co. has 80% share holding in its subsidiary then does it have any right on the assets of the subsidiary, provided that the subsidiary is not active but just holder of physical assets? If not then is there any way a holding company can have right on the assets in order to minimize or avoid stamp duty?
19 March 2012
only way to have right on assets is to acquire remaining 20% holdings of the subsidiary.
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