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Under the Companies Act, 2013, composition of Board of Directors is deemed to be controlled where…

The Explanation to s.2(87) provides that a company is deemed to control the composition of another company's Board if it can, at its discretion, appoint or remove "all or a…

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Under the Companies Act, 2013, composition of Board of Directors is deemed to be controlled where another company can:

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The Explanation to s.2(87) provides that a company is deemed to control the composition of another company's Board if it can, at its discretion, appoint or remove "all or a majority of the directors". A power over a minority, such as one-third of the directors, or over the auditors does not amount to control.

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