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According to the Companies Act 2013, when is a company considered to be a subsidiary of another company?
  • a)
    If the other company controls its board of directors.
  • b)
    If it holds more than half of its equity share capital.
  • c)
    If it is a subsidiary of a company that is a subsidiary of the other company.
  • d)
    All of the above.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
According to the Companies Act 2013, when is a company considered to b...
A company is considered a subsidiary if any of the conditions mentioned in options A, B, or C are met.
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According to the Companies Act 2013, when is a company considered to be a subsidiary of another company?a)If the other company controls its board of directors.b)If it holds more than half of its equity share capital.c)If it is a subsidiary of a company that is a subsidiary of the other company.d)All of the above.Correct answer is option 'D'. Can you explain this answer?
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According to the Companies Act 2013, when is a company considered to be a subsidiary of another company?a)If the other company controls its board of directors.b)If it holds more than half of its equity share capital.c)If it is a subsidiary of a company that is a subsidiary of the other company.d)All of the above.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about According to the Companies Act 2013, when is a company considered to be a subsidiary of another company?a)If the other company controls its board of directors.b)If it holds more than half of its equity share capital.c)If it is a subsidiary of a company that is a subsidiary of the other company.d)All of the above.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for According to the Companies Act 2013, when is a company considered to be a subsidiary of another company?a)If the other company controls its board of directors.b)If it holds more than half of its equity share capital.c)If it is a subsidiary of a company that is a subsidiary of the other company.d)All of the above.Correct answer is option 'D'. Can you explain this answer?.
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