Holding - Subsidiary status
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 June 2010
A Ltd. is a 100% holding co. of B Ltd. During the year, B Ltd. has allotted additional shares to A Ltd. jointly with other individual members. Now can A Ltd. be considered as 100% holding co. of B Ltd.
Aditya Maheshwari
(Expert)
28 June 2010
If the first holder of share is A ltd. then it will stil be considered as 100% holding and money must have been given by the company only.
It is called as share held by the company and its nominees.
It is called as share held by the company and its nominees.
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