English

Answer in one sentence: What is a Holding company? - Secretarial Practice

Advertisements
Advertisements

Question

Answer in one sentence:

What is a Holding company?

One Line Answer
Advertisements

Solution

A company which holds more than half of the total share capital of another company or has the power to appoint or remove the majority of its directors is called a Holding Company.

shaalaa.com
Evolution of Business Organization
  Is there an error in this question or solution?
Chapter 2: Joint Stock Company - EXERCISE [Page 30]

APPEARS IN

Balbharati Secretarial Practice [English] 11 Standard Maharashtra State Board
Chapter 2 Joint Stock Company
EXERCISE | Q 1. G) 2) | Page 30

RELATED QUESTIONS

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 ________


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

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.

A person who purchases shares of Joint Stock Company.


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

The official signature of Joint Stock Company.


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.


State whether the following statement is True or False.

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


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


Select the correct option form the bracket.

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

Answer in one sentence:

What is meant by foreign company?


Answer the following question:

State the features of sole trading concern.


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.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×