Holding & subsidary company
This query is : Resolved
pvsrikanth
(Querist)
19 November 2011
DEAR SIR,
WHAT IS MEANT BY HOLDING & SUBSIDARY COMPANY.
WHAT IS MEANT BY HOLDING & SUBSIDARY COMPANY.
19 November 2011
Holding company means a company which holds more than 50% of the other company.
The company in which more than 50% is held by the single company is called SUBSIDIARY company.
The company in which more than 50% is held by the single company is called SUBSIDIARY company.
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