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This question belongs to Commerce Legal Aspects Of Business

Legal Aspects of Business

?

Which of the following statements are true in context of an associate company under Companie Act, 2013?

A) An associate company to another company means a company in which such other company has a significant influence B) A holding company in relation to another company has been defined under section 2 (46) of the 2013 act as a company of which such other company is a subsidiary company C) An associate company is a company in which a notable portion of shares is owned by a parent company D) All of the above

Answer & Solution

Correct Answer: Option D

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