Write short notes on Holding company.

1.	Write short notes on Holding company.
Answer» Holding Company: A holding company is one that directly or indirectly holds more than 50% of equity’ share capital or controls the composition of the Board of Directors of some other companies. A company may become a holding company in any of the following three ways: • By holding more than 50% of the paid-up equity’ share capital of another company: or • By holding more than 50% of the voting rights of another company: or • By holding the right to appoint the majority of the Directors of another company.

Answer»

Holding Company: A holding company is one that directly or indirectly holds more than 50% of equity’ share capital or controls the composition of the Board of Directors of some other companies.

A company may become a holding company in any of the following three ways:

• By holding more than 50% of the paid-up equity’ share capital of another company: or

• By holding more than 50% of the voting rights of another company: or

• By holding the right to appoint the majority of the Directors of another company.

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