Answer Posted / avinash choudhary
A holding comapny is a company that holds major outstanding
stock of the major comapany. It does not produce goods or
services rather owing shares of the other companies.Holding
comapny is the comapny which have majority shares(51%) in
the other comapny and holds the power to manage the Board
of Directors.
| Is This Answer Correct ? | 7 Yes | 2 No |
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