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Under the Companies Act, 2013, an associate company means a company in which another company has:

Under s.2(6), an associate company is one in which another company has significant influence, not unlimited liability, no voting rights, or full ownership.

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Under the Companies Act, 2013, an associate company means a company in which another company has:

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Correct answer B

Under s.2(6), an associate company is one in which another company has significant influence, not unlimited liability, no voting rights, or full ownership.

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