Under which provisions of the Companies Act, 2013 are "holding company" and "subsidiary company" defined?
Under the Companies Act, 2013, "holding company" is defined in Section 2(46) and "subsidiary company" is defined in Section 2(87) (formerly dealt with in Section 4 of the…
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Under which provisions of the Companies Act, 2013 are "holding company" and "subsidiary company" defined?
Answer and explanation
Correct answer B
Under the Companies Act, 2013, "holding company" is defined in Section 2(46) and "subsidiary company" is defined in Section 2(87) (formerly dealt with in Section 4 of the Companies Act, 1956). Among the other provisions of Section 2, clauses (20) and (68) define "company" and "private company", clauses (62) and (85) define "One Person Company" and "small company", and clauses (45) and (71) define "Government company" and "public company".
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