Incorporation of company

Corporate & Other Laws

Can a subsidiary company Vote in the meeting of its holding company With respect to the shares held by such subsidiary company (Which was been held even before becoming as a subsidary)

Screenshot_2022-02-25-08-29-39-063_com.miui.gallery.jpg

Ashfaq Ahmed

CA Final

★ 24K+

25-Feb-22 08:34

468

Answers (5)

Legal representative and trustee have a voting right

Jayashree S

CA Inter

★ 2K+

25-Feb-22 09:36

Muhammed Riyas

CMA Inter

★ 2K+

25-Feb-22 09:53

No, it doesn't have a right. It can vote only in respect of the shares held by it as a legal representative or as a trustee,

Sahibdeep Singh

CA Inter

★ 14K+

25-Feb-22 10:58

Thankyou

Azmi RZmi

CA Final

★ 10K+

25-Feb-22 15:17

Thank you for allð???

Thread Starter

Ashfaq Ahmed

CA Final

★ 24K+

25-Feb-22 15:19