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Why Shares held by a company in a fiduciary capacity should not be counted for the purpose of determining holding-subsidiary relationship?
ANISH KUMAR R
CA Final
★ 2K+
02-Jun-20 11:24
366
Answers (2)
Because they are not held with an intention to control or direct the management / operations of other company.
Sriram Somayajula
Admin
04-Jun-20 08:33
Sriram Somayajula Admin
Thank u
Thread Starter
04-Jun-20 09:29