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Definition

Corporate & Other Laws

What is associte company?. Please give any example.

Kowselyaa G

CA Inter

★ 370

09-Oct-20 17:58

344

Answers (3)

in relation to another Company, means a Company in which that other Company has a significant influence, but which is not a subsidiary Company of the Company having such influence and includes a Joint Venture Company. So if company A has significant influence over company B and A is not a holding company of B. A and B are associates.