[aaykarbhavan] Subsidiary Status

Hi,

Someone may please reply, if possible.

 

Company A is a Holding company.

 

1. Company B is a Subsidiary Company of A, as more than 75% of PUC is held by A.

 

2. Company C is a Subsidiary Company of B, as more than 75% of PUC is held by B.

 

 

Query

 

1. What is the status between A and C.

 

    Ans: …………………..

 

2. Is C also a Subsidiary of A, even though A has zero holding in C?

   If so, under which Section.

 

    Ans: …………………..

 

 

3. Which is Sub-subsidiary company in the above?

 

    Ans: …………………..

 

4. Which is Fellow subsidiary company in the above?

 

    Ans: …………………..

 

 

Please bear the inconvenience, if any caused on the construction of queries.

 

Thanks in advance for your reply.

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