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Apr 27, 2015 · As per Section 2 (46) “holding company”, in relation to one or more other companies, means a company of which such companies are subsidiary companies; Definition of Holding Company. BARE ACT LANGUAGE.
5 days ago · “holding company”, in relation to one or more other companies, means a company of which such companies are subsidiary companies. Explanation.- For the purposes of this clause, the expression “company” includes any body corporate;
Aug 19, 2018 · Section 2 (46) of the Companies Act, 2013 defines Holding Company. The company is said to be the holding company if that particular company holds/owns at least 50% of the other companies and has the authority to make management decisions, influences and controls the company’s board of directors.
Jun 26, 2019 · No company shall, either by itself or through its nominees, hold any shares in its holding company and no holding company shall allot or transfer its shares to any of its subsidiary companies and any such allotment or transfer of shares of a company to its subsidiary company shall be void:
Jan 23, 2020 · Definitional Aspects. Section 2 (46) of Companies Act, 2013 – Definition of Holding Company. “Holding company”, in relation to one or more other companies, means a company of which such companies are subsidiary companies; # Explanation.
Feb 22, 2014 · To seek approval of NCLT for following different financial year than April 01 to March 31, where an Indian company is either a holding company or a subsidiary company of a company incorporated outside India and is required to follow different financial year for consolidation of accounts.
