Question

what is associate company with example​

Answer 1

Answer:

For example: Company “A” controls 20% or more but upto 50% of total voting power, or control of or participation in business decisions under an agreement of Company “B” then the Company “B” will be called Associate Company of Company “A” (other Company).

Explanation:

Answer 2

$\small{\bold{\mathrm{\red{For example: Company “A” controls 20% or more but upto 50% of total voting power, or control of or participation in business decisions under an agreement of Company “B” then the Company “B” will be called Associate Company of Company “A” (other Company).}}}}}$