Business Studies, asked by vikasnegi031, 11 months ago

Sandra Ltd. is a credit worthy Company, which holds more than 50% of the nominal value of

Kishore Ltd. another company. Here which company can be termend as holding company?

Explain it.

Answers

Answered by avniverma75

Answer:

Sandra Ltd is the holding company whereas the Kishore Ltd is the subsidiary company. Explanation: Holding company is the limited liability company or a corporation, which holds or controls the ownership interest in other companies or the assets, that those companies use.

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