Wholly Owned Subsidiary chain

    Posted By : CS Shiriti / Published on : 06-Apr-2020 02:39 PM / View : 67 / Comment : 0
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    A India ltd is a holding company having B foreign Limited as its wholly owned subsidiary. B Foreign Limited further has a wholly owned subsidiary C India Limited. Can we say that C India Limited is a wholly owned subsidiary of A India Limited. If yes, under what provisions. Kindly revert.
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