What is subsidiary company?
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SUBSIDARY COMPANY
Explanation :
- A Subsidiary Company is also known as the daughter Company.
- A Subsidiary Company is that company that is controlled or owned by a parent company which means it is owned or controlled by another company.
- It is a limited liability company.
- It keeps the brand entities separate.
- It helps and allows each brand to maintain its goodwill with the customers.
- For Example - COAL INDIA is a holding Company to Bharat Coking ltd, Mahanadi Coal Fields Ltd.
To know more about Subsidiary Company, visit :
What do you mean by subsidiary company and holding company?
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