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Please Help: Subsidiary and Holding Company Relation Under Companies Act 2013

Posted Date : 13-Jul-2017 , 02:17:11 pm | Posted By: Nishant Tyagi

Category : Corporate Law | Answers : 0| Comments : 3| Hits: 401

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?

Comments
Posted By : Nishant Tyagi 07-Aug-2020, 04:37:47
Thanks for your reply.
 
Posted By : Santhi Vangaliyappan 28-Jul-2017, 01:21:03
yes. relatives shares are considered.
 
Posted By : Sanket Garg 27-Jul-2017, 09:29:37
Yes
 

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