Page 141 - DCOM404_CORPORATE_LEGAL_FRAMEWORK

Corporate Legal Framework

Notes 6. Where a company has control over another company, it is known as the Holding Company
and the company over which control is exercised is called the Subsidiary Company. Give
example related to holding and subsidiary company

Answers: Self Assessment

1. Company Act 2. artifi cial
3. unlimited liability 4. incapacitated

5 Section 239 6. guarantee company’
7. Section 617 8. Comptroller
9. Section 593 10. Section 594

7.16 Further Readings

Books G. Vijayaragavan Iyengar, Introduction to Banking, Excel Books, New Delhi,
India, 2007
S.S Gulshan, Business Law, Third Edition, Excel Books, New Delhi, 2006
S.S Gulshan, Mercantile Law, Third Edition, Excel Books, New Delhi, 2006

Online links http://www.caclubindia.com/articles/ca-and-cs-final-company-law-cases-
compilation-2009--4099.asp
http://www.commonlii.org/in/legis/num_act/ca1956107/

http://www.mca.gov.in/Ministry/acts_bills.html
http://www.netlawman.co.in/acts/companies-act-1956.php

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