abhijit (legal ) 16 April 2010

legal status of group of companies

What is the legal status of a group of companies?

How does a group of companies legally function ?

How it should eneter into an agreement?

Can i get a reference to study this?

Thanks

Dr. L.N. Lion (CMD) 22 April 2010

Good question Mr. Abhijit. Its an very very important & practical topic for business heads.

I also would like to know everything on this issue.

Group is considered whenever the credit worthyness of the group is required to be checked. e.g. credit rating for bank loans etc.