Query
This query is : Resolved
19 September 2014
if A ltd holds more than 50% shares in bltd & bltd also hold more than 50% shares in A ltd then which co is subsidiary & which is holding co
20 September 2014
it would be illegal structure. once a company is a subsidiary, it cannot hold shares in the holding company. So assuming A bought the shares first, then B cannot buy A's shares.
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