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Q.

What is the difference between group companies, associated companies and sister concern?

Asked by naman shah, 29 Jun '07 11:24 am
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Answers (1)

1.

In coroporate parlance these terms are widely used.

However as per Companies Act Only Holding and subsidiary companies have been defined. We can infer from these terms that group companies are seperate incorporated companies started by one parent company.
Answered by cheluva rajan, 29 Jun '07 03:34 pm

 
  
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