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CA Foundation doubt

holding company jab 50% se jyada hold krti h shares kisi company k toh voh company subsidiary ban jati h.. Toh shares m equity or preference dono aate h ya sirf equity aate h? Please tell me I am very

Asked by Zoyaaa29 Jul 2024323 views

8 answers

  1. Yaashu · 29 Jul 2024

    As jovial ltd have only 8,50,000 shares and it no fulfill the requirement of the act (i.e., min. 10,00,000 shares of 6,00,000 euity and 4,00,000 preference shares)

  2. Yaashu · 29 Jul 2024

    Popular products ltd. Is not a subsidiary of jovial ltd

  3. Zoyaaa · 29 Jul 2024

    Iss ques m kya consider krege isme toh batya b nhi h convertible h ya nhi

  4. Zoyaaa · 29 Jul 2024

    View attached PDF
  5. Krish · 29 Jul 2024

    EQUITY IS MUST AND PREFERENCE SHARES WHICH ARE CONVERTIBLE ARE ALSO TAKE IN CONSIDERATION 👍

  6. Yodhan · 29 Jul 2024

    And convertible preferance shares i.e preferance shares with voting rights

  7. Yaashu · 29 Jul 2024

    Holding company hone ke liye half se jayda shares and quantity dono hona chaiye. It means both equity and preferences shares.

  8. ROHIT · 29 Jul 2024

    Only equity share capital along with voting right

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