Holding subsiadiary query..
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 January 2012
Dear Expert,
Suppose ABC pvt Ltd has 2 Members
1. Mr. P (25%)
2. XYZ Pvt Ltd (35%)
3. Mr. Q (40%)
Now XYZ Pvt Ltd has following members
1. Mr P (30%)
2. Mr. Q (20%)
3. Mr. Z (50%)
Now will the company ABC Pvt Ltd be treated as subsiadiary of XYZ Pvt Ltd??
Suppose ABC pvt Ltd has 2 Members
1. Mr. P (25%)
2. XYZ Pvt Ltd (35%)
3. Mr. Q (40%)
Now XYZ Pvt Ltd has following members
1. Mr P (30%)
2. Mr. Q (20%)
3. Mr. Z (50%)
Now will the company ABC Pvt Ltd be treated as subsiadiary of XYZ Pvt Ltd??
16 January 2012
Hi,
First of all, in the first sentence you've mentioned 2 while the members of ABC are 3 : P, XYZ Pvt. Ltd. and Q.
Further, please note that ABC will not be called as subsiadiary of XYZ unless XYZ holds more than 50% shares.
regds
Deepak
First of all, in the first sentence you've mentioned 2 while the members of ABC are 3 : P, XYZ Pvt. Ltd. and Q.
Further, please note that ABC will not be called as subsiadiary of XYZ unless XYZ holds more than 50% shares.
regds
Deepak
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