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.
Regards
Dipjyoti
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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