Please Help: Subsidiary and Holding Company Relation Under Companies Act 2013
Posted Date : 13-Jul-2017 , 02:17:11 pm | Posted By Nishant Tyagi
A company(X limited) hoding 25 % shares in a company (Y limited) and relatives(brother,wife,son) of Director of Company X also holding share 26%, my query is whether shares hold by relatives of director will also consider while checking for holding and subsidiary relation?
Category : Corporate Law | Answers : 0 | Comments : 3 | Hits : 415
Answers
Comments
Sanket Garg
27-Jul-2017 , 09:29:37 amYes
santhi vangaliyappan
28-Jul-2017 , 01:21:03 pmyes. relatives shares are considered.
Nishant Tyagi
07-Aug-2020 , 04:37:47 pmThanks for your reply.