Please Help: Difference between division and subsidary
Posted Date : 29-Nov-2011 , 03:14:48 pm | Posted By: Hemlata Jain
Category :
Corporate Law | Answers :
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Please explaim the difference between division and subsidary of private ltd. com |
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Answers:
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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.
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