Synchronisation trend in relation to scope and ambit of control under Indian Coporate laws.
BHATIA, G R
Synchronisation trend in relation to scope and ambit of control under Indian Coporate laws. - 2013 - 1050-1052
Control by oe over another in Indian Corporate laws is determined by virtue of (a) ownership of half or more of equity, (b) majority representation on board and (c) rights to manage or influence the affairs of another. While the first twin parameters are arithmetic based, the rhird one is subjective and therefore prone to arbitrariness and unpredictability.
COMPANY LAW
346.54066
Synchronisation trend in relation to scope and ambit of control under Indian Coporate laws. - 2013 - 1050-1052
Control by oe over another in Indian Corporate laws is determined by virtue of (a) ownership of half or more of equity, (b) majority representation on board and (c) rights to manage or influence the affairs of another. While the first twin parameters are arithmetic based, the rhird one is subjective and therefore prone to arbitrariness and unpredictability.
COMPANY LAW
346.54066