Sister concern
This query is : Resolved
28 August 2014
WHAT IS SISTER CONCERN COMPANY. IS A SUBSIDIARY COMPANY IS A SISTER CONCERN OF HOLDING COMPANY. DESCRIBE IN DETAIL
CS Mitesh Mehta
(Expert)
28 August 2014
Subsidiary companies are companies owned by a parent company. Subsidiary companies are separate legal entities created by the parent company or another party.
Sister companies are subsidiary companies owned by the same parent company. Each of the sister companies operates separately and may have no connection other than sharing the same parent company. Sister companies can be quite different from each other, producing different products and marketing to different audiences.
Sister companies are subsidiary companies owned by the same parent company. Each of the sister companies operates separately and may have no connection other than sharing the same parent company. Sister companies can be quite different from each other, producing different products and marketing to different audiences.
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