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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.

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 minimum number of members required for a co-operative society 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.

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.

The liability of shareholder of public limited company is limited.


State whether the following statement is True or False.

Board of Directors manage the Company.


Complete the sentence.

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


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.

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


Answer the following question:

State the features of Limited Liability Partnership.


Answer the following question:

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


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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