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What are holding and subsidiary company?

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प्रश्न

What are holding and subsidiary company?

लघु उत्तरीय
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उत्तर

A company exercising control over another company is called a holding company. The company so controlled is called a subsidiary company. The holding company holds and controls more than 50% of the total share capital of the subsidiary company. The holding company has powers to appoint or remove all or the majority of the directors of the subsidiary company.

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Evolution of Business Organization
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अध्याय 2: Joint Stock Company - EXERCISE [पृष्ठ ३२]

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बालभारती Secretarial Practice [English] Standard 11 Maharashtra State Board
अध्याय 2 Joint Stock Company
EXERCISE | Q 5. 3) | पृष्ठ ३२

संबंधित प्रश्न

Select the correct answer from the options given below and rewrite the statement.

A sole proprietorship has _______ owner/owners.


Select the correct answer from the options given below and rewrite the statement.

Indian Partnership Act was passed in the year ________


Select the correct answer from the options given below and rewrite the statement.

The liability of shareholders in the public limited joint stock company is ________


Select the correct answer from the options given below and rewrite the statement.

The ______ is/are elected representative of shareholders who manage affairs of company.


Write a word or a term or a phrase which can substitute the following statement.

The senior most family member of Joint Hindu Family Business.


Write a word or a term or a phrase which can substitute the following statement.

A person who purchases shares of Joint Stock Company.


State whether the following statement is True or False.

A joint stock company is a formal form of business organization.


State whether the following statement is True or False.

Board of Directors manage the Company.


Complete the sentence.

A company is a creation of law, hence it is called as ________


Complete the sentence.

A company which is incorporated under a special Act is called as ________


Complete the sentence.

A listed company is must follow the provisions of Companies Act and ________


Select the correct option form the bracket.

Group ‘A’ Group ‘B’
Private company ___________

Answer in brief.

Explain the different types of companies on the basis of the liabilities of members.


Answer the following question:

State the features of sole trading concern.


State the features of Joint Hindu Family Business.


Write a word or a term or a phrase which can substitute the following statement.

The members of Joint Hindu Family Business.


The members of Joint Hindu Family Business.


Write a word or a term or a phrase which can substitute in the following statement.

The members of Joint Hindu Family Business.


Write a word or a term or a phrase which can substitute the following statement.

The members of Joint Hindu Family Business.


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