holding subsidary relationship
This query is : Resolved
Deepali Mishra
(Querist)
07 June 2010
If the CFO of a company and any relative of the director of the company is the director of other comapny then does the relationship between the two companies stand to be holding subsidary relationship?
if not then what then as an auditor what solution can we give to our client in such situation?
if not then what then as an auditor what solution can we give to our client in such situation?
17 June 2010
The query is not very specific. However, in my view, the holding-subsidiary relationship does not get established.
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