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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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अध्याय 2: Joint Stock Company - EXERCISE [पृष्ठ ३२]

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बालभारती Secretarial Practice [English] 11 Standard 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.

Indian Partnership Act was passed in the year ________


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.


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.

The owner who is the sole manager and decision maker of his business.


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

The persons who have entered into an agreement of partnership.


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

Name a company that is created by a special legislation of parliament or state assembly.


State whether the following statement is True or False.

There is no separation of ownership and management in Joint Stock Company.


Complete the sentence.

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


Select the correct option form the bracket.

Group ‘A’ Group ‘B’
 Public company ___________

Select the correct option form the bracket.

Group ‘A’ Group ‘B’
___________ Member have unlimited liability

Select the correct option form the bracket.

Group ‘A’ Group ‘B’
Incorporated Outside India ______________

Answer in one sentence:

How many member/s can be there in a one person company?


Answer in brief.

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


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.


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


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