Friends & Seniors
Can a subsidiary have two holding companies ? One by virtue of holding more than 50% share capital and other owing to control of composition of board of directors.
Please find attched a write up from Students' Guide to Accounting Standards by author FCA D.S.Rawat.
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Dipjyoti
V.K. Ranjan & Co(Chartered Accountants)
New Delhi
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CMNITY HIRE
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