Companies · 2(87)
Subsidiary company defined
A company is a subsidiary of another (the holding company) if such other company controls the composition of its board, or exercises more than one-half of the voting power.
Library
Civil & Commercial
Companies Act, 2013
2013 · Ministry of Corporate Affairs · 470 sections
The principal company-law statute. Governs incorporation, governance, audits, mergers, and winding-up.
Most-invoked sections
Companies · 149
Company to have Board of Directors
Every company shall have a Board of Directors consisting of individuals, with prescribed minimum and maximum, including at least one woman director and resident director.
Companies · 188
Related-party transactions
No company shall enter into any contract or arrangement with a related party with respect to specified transactions except with the consent of the Board and, in certain cases, the company by ordinary resolution.
The text shown is a working summary used inside Nyaya for grounding and UI preview. For verbatim reproduction, refer to the bare Act published on indiacode.nic.in.