What do you mean by subsidiary company and holding company?
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holding company is the company owned and operating independently. subsidiary is the group company which is the part of holding company and always operating with holding company. normally subsidiary is the company having product which is related to holding company.
eg. generator manufacturer is holding and spares for generator is subsidiary
eg. generator manufacturer is holding and spares for generator is subsidiary
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Answer:
A subsidiary company is the one that is controlled by another company, better known as a parent or holding company. The control is exerted through ownership of more than 50% of the voting stock of the subsidiary. Subsidiaries are either set up or acquired by the controlling company
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