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Forms of Business Organisation-2 — OCM STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceOCMForms of Business Organisation-21 Mark
Question
What is a Holding Company ?
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Answer

The company which holds more than $50\%$ or $50\%$ shares of another company and holds the right of majority in another company is called Holding Company.

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