Material Subsidiary Companies Act 2013. a subsidiary shall be considered material if, its income or net worth exceeds 10 per cent of the consolidated income or net worth. at least one independent director on the board of directors of the listed entity shall be a director on the board of. regulations, the terms material subsidiary shall mean a subsidiary of the company whose income or net worth exceeds 20%. “subsidiary company or subsidiary” means a subsidiary company as defined under 2(87) of the companies act, 2013. “material subsidiary” shall mean a subsidiary, whose income or net worth exceeds twenty percent {20%} of the. A subsidiary of a company which accounts for more than a certain percentage (typically 5% or 10%) of. though sebi (listing obligations and disclosure requirement) regulations, 2015 (‘sebi lodr’), define the term ‘material subsidiary’ as a subsidiary, whose income or net worth exceeds ten percent (10%) of the consolidated income or net worth, respectively, of the listed entity and its subsidiaries in the immediately preceding accounting.
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though sebi (listing obligations and disclosure requirement) regulations, 2015 (‘sebi lodr’), define the term ‘material subsidiary’ as a subsidiary, whose income or net worth exceeds ten percent (10%) of the consolidated income or net worth, respectively, of the listed entity and its subsidiaries in the immediately preceding accounting. A subsidiary of a company which accounts for more than a certain percentage (typically 5% or 10%) of. “subsidiary company or subsidiary” means a subsidiary company as defined under 2(87) of the companies act, 2013. “material subsidiary” shall mean a subsidiary, whose income or net worth exceeds twenty percent {20%} of the. at least one independent director on the board of directors of the listed entity shall be a director on the board of. regulations, the terms material subsidiary shall mean a subsidiary of the company whose income or net worth exceeds 20%. a subsidiary shall be considered material if, its income or net worth exceeds 10 per cent of the consolidated income or net worth.
Summary Notes on Companies Act 2013
Material Subsidiary Companies Act 2013 “subsidiary company or subsidiary” means a subsidiary company as defined under 2(87) of the companies act, 2013. a subsidiary shall be considered material if, its income or net worth exceeds 10 per cent of the consolidated income or net worth. though sebi (listing obligations and disclosure requirement) regulations, 2015 (‘sebi lodr’), define the term ‘material subsidiary’ as a subsidiary, whose income or net worth exceeds ten percent (10%) of the consolidated income or net worth, respectively, of the listed entity and its subsidiaries in the immediately preceding accounting. “material subsidiary” shall mean a subsidiary, whose income or net worth exceeds twenty percent {20%} of the. “subsidiary company or subsidiary” means a subsidiary company as defined under 2(87) of the companies act, 2013. at least one independent director on the board of directors of the listed entity shall be a director on the board of. regulations, the terms material subsidiary shall mean a subsidiary of the company whose income or net worth exceeds 20%. A subsidiary of a company which accounts for more than a certain percentage (typically 5% or 10%) of.
