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Commerce · Q39

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 39

Q39

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

Answer: Option D

Solution

Answer: Option D
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