Passing of special resolution

shruti (Querist) 31 August 2013 This query is : Resolved
Hi,
please suggest me on this query-:

if 25% or more than 25% of the share capital of company "A" is owned by company "B", then while passing special resolution in the company "A", what things that company 'A' should follow?

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ajay sethi (Expert) 31 August 2013
academic query

Rajendra K Goyal (Expert) 31 August 2013
Academic query.

Guest (Expert) 31 August 2013
As a company secretary, I wish you should be aware of the provisions of the Company laws. Moreover, if company A and B can invest huge funds and earn profits with their investments, these companies can also very easily afford to hire consultants with a negligible fee as compared to their investments and profits.

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