Business Studies, asked by pranayps0509, 6 months ago

Anson Ltd., held Equity Shares in Booban Ltd. Later on, Anson Ltd, became a Subsidiary

Company of Booban Ltd. Decide whether it is necessary for Anson Ltd. to surrender the

Equity Shares of Booban Ltd?

Answers

Answered by aaravsaklanipamky5

Answer:

No, it is not necessary for Anson Ltd to surrender the equity shares of Booban Ltd.

Explanation:

When a company becomes a subsidiary of another company then the majority of the company's shares is owned by that company which is made the other company it's subsidiary. So it is even seen in real life that when a company buys another company then the company which owns it's shares is not forced to sell the shares of the bigger company which has bought it.

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