Definition

Corporate & Other Laws

What is associte company?. Please give any example.

Kowselyaa G

CA Inter

★ 370

09-Oct-20 17:58

732

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.

CA Suraj Lakhotia

Admin

09-Oct-20 18:07

It means both company A and company B are associate company??

Thread Starter

Kowselyaa G

CA Inter

★ 370

09-Oct-20 18:17

Thread Starter

Kowselyaa G

It means both company A and company B are associate company??

Yes.

CA Suraj Lakhotia

Admin

10-Oct-20 13:10