IndigoLearn

Holding & subsidiary company

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

ANISH KUMAR R

CA Inter

2K+

02-Jun-20 11:24

31

Answers (2)

Because they are not held with an intention to control or direct the management / operations of other company.


Sriram Somayajula

Sriram Somayajula

Admin

04-Jun-20 08:33