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what is holding company?
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Answer Posted / ganesh reddy
A company become holding company in 3 ways
1. owing 51% of share holding on other company(called
subsidary comapany)
2. The company which have controling power on other company
(subsidary company)
3. A company become holding company for its subsidary
companys, subsidary.
Eg: company C is subsidary of company B
company B is subsidary of company A
so,
company C is subsidary of company A.
thank u.
| Is This Answer Correct ? | 58 Yes | 3 No |
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