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Wholly owned indirect subsidiary?
Since the Internet had no information on this, I asked a lawyer, who by his own admittance said he wasn't positive, but believed that: a wholly owned indirect subsidiary is a wholly owned subsidiary (Company 3) that itself is owned by a wholly owned subsidiary (Company 2) of another company (Company 1). Such that Company 3 is a "wholly owned indirect subsidiary" of Company 1.
What does subsidiary motion mean?
A subsidiary motion depends on a substantive motion.Any Procedural motion which is dependent on an order already passed or a motion already discussed in the parliament are called subsidiary motions. for instance Motions moved for subsequent readings of a bill, or to make amendments if any on the previous bill to modify it before the House with a view to increase its acceptability or to present to the House a different proposition as an alternative to the original one, or to pass the bill again to a committee for its review are genrally subsidiary motions.
What is difference between joint venture and subsidiary?
If you have control over an entity, that entity is your subsidiary. Control means that you make the strategic decisions of that subsidiary. If you and another party(parties) share joint control over an entity, that entity is a joint venture of the parties that control it. "Joint control" is usually governed by a contractual arrangement and would mean that the unanimous consent of the parties controlling it is necessary to make strategic decisions.
How do you appoint a director to a subsidiary?
There are policies that are followed in appointing a director to a subsidiary entity. This is done by the shareholders in compliance to the Articles of Association of the company.
What is the difference between affiliates and subsidiary?
Affiliates are non associated independent dealers. Subsidiary is a divisional company owned by the parent company
What does subsidiary mean?
Subsidiary means: 1. a.) furnishing aid or support (ex: subsidiary details) 1. b.) of secondary importance (ex: subsidiary stream) 2.) of, relating to, or constituting a subsidy (ex: a subsidiary payment to an ally)
What does appurtenance mean?
Synonym : accessory / adjunct / adjuvant / ancillary / auxiliary / subsidiary
Does Remington still own the rights for knives or does somebody else own the rights?
Remington has a number of trademarks for use in hunting knives, licensed through its subsidiary RA Brands LLC.
What does appurtenant structure mean?
Synonym : accessory / adjunct / adjuvant / ancillary / auxiliary / subsidiary
What is a subsidiary account?
A subsidiary account is an account that is found in the subsidiary ledger. It is used to summarize the control account.
What is another word for subsidiary?
What is another word for subsidiary?
Which company is a subsidiary of Renault?
Nissan is a subsidiary of Renault.
What does hsv mean?
In relations to cars, it's Holden Special Vehicles, which is an Australian subsidiary of General Motors.
What is the plural form of subsidiary?
Subsidiaries is the plural form of subsidiary.
What is the plural forms subsidiary?
Subsidiaries is the plural form of subsidiary.
What the plural for subsidiary?
The plurals form for the noun subsidiary is subsidiaries.
When can control be assumed subsidiary?
Control can be assumed subsidiary when one entity has the power to govern the financial and operating policies of another entity, typically through ownership of more than 50% of the voting rights or through other means such as contractual agreements. This control allows the parent company to influence decisions and manage the subsidiary's operations effectively. Additionally, even without majority ownership, control can be asserted if the parent company has the ability to appoint key management or direct significant activities of the subsidiary.
