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प्रश्न
Explain the following term/concept.
Holding company
उत्तर
(1) A company which controls the management of another company is called the ‘Holding Company’. The company which is controlled by another company is termed as a ‘Subsidiary Company’.
(2) A holding company holds more than 50% of the total share capital of subsidiary company and has powers to appoint or remove all or the majority of directors of the subsidiary company.
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