My query is whether company limited by guarantee will be considered as subsidiary or not?
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Quick Summary
This discussion addresses whether a company limited by guarantee can be classified as a subsidiary. The answer depends on the specific circumstances, particularly who provides the guarantee. If a holding company provides the guarantee, it may be considered a subsidiary. However, if a promoter or director provides the guarantee, it might be viewed as a related party transaction.
@ Tushar , If Holding Company provides guarantee by keeping in mind the Definition of subsy then it will be subsy ,if promoter or director is providing guarantee then it will be related party ...
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