Shareholding

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Querist : Anonymous

Querist : Anonymous (Querist)

14 September 2013 If a Director holds 86% of the shares in the Holding company (Public Company) and the same Director holds 2.6% shares in its Subsidiary company (Private Company), does the Director become the major shareholder of the subsidiary company? What are its implications on the subsidiary company?

Ajay Mishra

Ajay Mishra (Expert)
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14 September 2013 Generally not.

The relation of holding and subsidiary is defined when both are company.

In case of Individual, the provision of holding and subsidiary is not applicable on the basis of holding more than 50% of shareholding.

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Querist : Anonymous

Querist : Anonymous (Querist)

14 September 2013 Thank you expert

Ajay Mishra

Ajay Mishra (Expert)
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14 September 2013 My Pleasure.........

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