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What are holding and subsidiary company? - Secretarial Practice

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प्रश्न

What are holding and subsidiary company?

लघु उत्तर
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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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पाठ 2: Joint Stock Company - EXERCISE [पृष्ठ ३२]

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बालभारती Secretarial Practice [English] 11 Standard Maharashtra State Board
पाठ 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.

State Bank of India is the example 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.


State whether the following statement is True or False.

A joint stock company is voluntary association of persons.


State whether the following statement is True or False.

A Joint Stock Company is a natural person.


State whether the following statement is True or False.

A Joint Stock Company does not enjoy independent legal status.


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’
Private company ___________

Select the correct option form the bracket.

Group ‘A’ Group ‘B’
 Public company ___________

Select the correct option form the bracket.

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

State the features of Joint Hindu Family Business.


Answer the following question:

Define a ‘company’. Explain the types of companies on the basis of the liability of members.


Answer the following question:

Explain any four types of companies.


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.


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

The members of Joint Hindu Family Business.


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