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Under the Companies Act, 2013, an associate company is not:

The Explanation to s.2(6) provides that an associate company does not include a subsidiary company of the company having significant influence, distinguishing it from a…

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Under the Companies Act, 2013, an associate company is not:

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Correct answer C

The Explanation to s.2(6) provides that an associate company does not include a subsidiary company of the company having significant influence, distinguishing it from a foreign, government, or dormant company, any of which it could otherwise be.

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