Holding & Subsidiary Co.
This query is : Resolved
Karuna Sethi
(Querist)
18 February 2009
Control of composition of Board of Directors.I have not understood the powers of Holding Co.
Plz Explain with ex.
Thanks in adv.
Plz Explain with ex.
Thanks in adv.
CA Abhishek Bagaria
(Expert)
19 February 2009
Read AS- 18 on Related Party Disclosures.
You will find the defination of Control.
"Control of composition of Board of Directors" is one of the way of getting control over the other company.
You will find the defination of Control.
"Control of composition of Board of Directors" is one of the way of getting control over the other company.
Karuna Sethi
(Querist)
04 March 2009
Thanks a lot
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