what are the key things to be checked in case of a subsidairy Company , whose holding company is Foreign Company and Majority of Its Transactions are with the Holding Company And Its other Subsidairies .
gsiddarthjain (A.ASSISTANT) (37 Points)
20 August 2010what are the key things to be checked in case of a subsidairy Company , whose holding company is Foreign Company and Majority of Its Transactions are with the Holding Company And Its other Subsidairies .
HARDIK
(COMPANY SECRETARY NCFM (Corporate Governance ))
(664 Points)
Replied 21 August 2010
Hi
As per companies act transaction between holding and subsidiary should be checked. Any substaintial transaction with material effect on both company should be checked. Also comply with sec. 212 should be carefully checked.
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