Please Help: Difference between division and subsidary
Posted Date : 29-Nov-2011 , 03:14:48 pm | Posted By hemlata jain
Please explaim the difference between division and subsidary of private ltd. com
Category : Corporate Law | Answers : 1 | Comments : 0 | Hits : 395
Answers
Answer By: Ashish Karundia
Dear Hemlata,
Division is a part of a company i.e. the division can be segment wise such as tax/audit/finance/marketing etc. or it can be products/geographical area wise etc. whereas subsidiary is a different legal entity i.e. a company different from the parent company.
Hope the above suffice.
Division is a part of a company i.e. the division can be segment wise such as tax/audit/finance/marketing etc. or it can be products/geographical area wise etc. whereas subsidiary is a different legal entity i.e. a company different from the parent company.
Hope the above suffice.
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