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According to the Companies Act 2013, when is a company considered a subsidiary of another company?a)If it operates under the same business name.b)If its equity share capital is less than half of the holding company's.c)If it controls the board of directors of the holding company.d)If it is engaged in similar business activities as the holding company.Correct answer is option 'B'. 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 a subsidiary of another company?a)If it operates under the same business name.b)If its equity share capital is less than half of the holding company's.c)If it controls the board of directors of the holding company.d)If it is engaged in similar business activities as the holding company.Correct answer is option 'B'. 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 a subsidiary of another company?a)If it operates under the same business name.b)If its equity share capital is less than half of the holding company's.c)If it controls the board of directors of the holding company.d)If it is engaged in similar business activities as the holding company.Correct answer is option 'B'. Can you explain this answer?.

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