holding and subsidiary company (sec-212)

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Vikram Bishnoi (Querist)
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21 January 2010 its urgent pls reply soon as much as possible.

what is requirement of sec-212,for both the company i.e. for holding and for subsidiary company in the following situation :-

Holding company(A)- Not a listed company
paid up capital - 18200000
authorized capital- 40000000
share in subsidiary company(i.e in "B")- 86%

Subsidiary company (B)- Not a listed company
paid up capital -2500000
authorized capital - 30000000

Both the company are Private co. and director in both the company are also same person.
Financial year of both the company are same i.e 2008-09

if any more information required than write .

thanks in advance.

Rasesh

Rasesh (Expert)
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21 January 2010 For the Holding co.
The Annual Report of the subsidiary has to be attached to the annual report of the holding company alongwith abstract u/s 212.

For the Subsidiary co.: No such disclosures.

Vikram Bishnoi

Vikram Bishnoi (Querist)
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25 January 2010 thanx, sir, can u tell me the requirement of sec-212 sub-sec-3(a) in which demanded statement of the holding company's interest in the subsidiary i. e. what is include in this statement

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