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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.

The members of Hindu Undivided Family Business are called ________


Match the pairs:

Group ‘A’ Group ‘B’
a) Sole Trading concern 1) 1932
b) Joint Hindu Family Business 2) Partner
c) Partnership Act 3) Artificial person
d) Joint Stock Company 4) 1923
e) Co-operative Society 5) Karta
  6) Natural person
  7) Single Ownership
  8) Equal voting rights
  9) Multiple ownership
  10) Minimum 9 members

Match the pairs:

Group ‘A’ Group ‘B’
a) Private company 1) 51% share capital held by Government
b) Public company 2) Bank of England
c) Government company 3) Maximum 200 members
d) Statutory Company 4) Minimum 7 members
e) Limited Liability Partnership 5) Maximum 100 members
  6) Minimum 5 partners
  7) 40% share capital
  8) Minimum 5 members
  9) Life Insurance Corporation
  10) Minimum 2 partners

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.

Board of Directors manage the Company.


Answer in one sentence:

What is a Holding company?


Answer in one sentence:

What is meant by foreign company?


Correct the underlined word and rewrite the following sentence.

Statutory companies are registered under the Companies Act.


Answer in brief.

How is LLP different from a partnership firm?


State the features of a co-operative society.


Answer the following question:

State the features of Limited Liability Partnership.


Answer the following question:

Define Joint Stock Company and explain its feature.


Answer the following question:

Explain any four types of companies.


Write a word or a term or a phrase which can substitute 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.


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 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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