what is holding company?
Answers were Sorted based on User's Feedback
Answer / sanjeev
A holding company is a company which holds more than 50% of
equity shares of another company as it may controlls the
managment of subsidery company.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / harsh dave
ganesh reddy your answer is perfect man.i was searchin for
this one..thanks dude..keep posting such stuff..
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / bijal bhattasana
A Holding company is a parent company that owns enough
voting stock in a subsidiary to dictate policy and make
management decisions this is generally done through
influence of the company's board of directors.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / saravanapandi
any company which has the control over the board of
directors of other company is also called as holding
company.
| Is This Answer Correct ? | 4 Yes | 4 No |
Answer / ramesh.t
A company which holds the majority of the paid-up capital
company with thw intention of acquiring control over it is
called holding company
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / phanindra
A COMPANY WHICH CONTROLS ANOTHER COMPANY IS CALLED 'HOLDING
COMPANY' AND THE COMPANY SO CONTROLLED IS
CALLED 'SUBSIDIARY COMPANY'
SECTION 4 OF COMPANIES ACT 1956 STATES THAT A HOLDING
COMPANY IS IF IT
1.CONTROLS THE COMPOSITION OF BOARD OF DIRECTORS OF ANOTHER
COMPANY
OR
2.HOLDS MORE THAN HALF OF THE NOMINAL VALUE OF EQUITY SHARE
CAPITAL OF ANOTHER COMPANY.
A SUBSIDIARY COMPANY CANNOT HOLD SHARES OR BE A MEMBER OF
HOLDING COMPANY
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / rupesh kr pandey
A holding company is a company or firm that owns other
companies' outstanding stock. It usually refers to a company
which does not produce goods or services itself; rather, its
purpose is to own shares of other companies. Holding
companies allow the reduction of risk for the owners and can
allow the ownership and control of a number of different
companies. In the US, 80% or more of stock, in voting and
value, must be owned before tax consolidation benefits such
as tax-free dividends can be claimed
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / saravanapandi
a company which has the contoral of taking management
decission of other company is also called as holding
company
| Is This Answer Correct ? | 2 Yes | 4 No |
Answer / hayatullah
holadin company is a company which have more than 50%share
and holding company is the controller of the subsidry
company
| Is This Answer Correct ? | 4 Yes | 11 No |
Answer / jeyakumar
a holding company is a company that owns 50% of the shares
or has the right to appoint or remove the board of
directors of that particular company.
| Is This Answer Correct ? | 2 Yes | 10 No |
Whether is there vacancy for the post of Accountant?
EXPAND_________TRAI
What are the principles of Accounting
Is the the invoice number and voucher no will be same most of the time or it should be same?
what is difference between venture capital financing and equity financing?
Difference between a Fund manager, Investment manager, Portfolio manager, Custodian manager?
1 Answers Mellon, Tech Mahindra,
When we issue credit note for free goods charged in invoice, whether we claim sales tax from the dept.
What is meant by advance ruling? What is the scheme of advance rulings?
If i need a certification for SAP FICO or CRM. Do i have to go to a institute and pay huge sum just for a certificate.? or is there any other way, also let me know how much does it cost...?
What is the meaning of Revenue?
how is the due date calculated. invoice date + payment terms or invoice received date + payment terms or it depends upon the company
Credit Purchase entry