Consolidation of a/c

If two private ltd co. have same BOD & same shareholders. but no share on the name of companies in each other.
whether it is a case of controlling BOD of other co. and becoming  subsy.
 
if a pvt. ltd co. has more than 25% shares in other pvt ltd co. is it a case of consolidation for association.
please rply
 
Replies (1)

Reply to Q.1 - No.

Reply to Q.2 - As of  now - NO.  Companies Act 2013 provides for consolidation of accounts but relevant section has  not yet come into force.

 

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