Holding co.
This query is : Resolved
14 June 2013
Whether a company becomes automatically a holding company after acquiring 51% or more voting stake in another co.
14 June 2013
Hi
Yes, from the date of allotment resulting acquiring more than 50% of holding shall become the holding company of such company.
The date of allotment will be taken in to account for becoming holding company.
Yes, from the date of allotment resulting acquiring more than 50% of holding shall become the holding company of such company.
The date of allotment will be taken in to account for becoming holding company.
14 June 2013
My pleasure....
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