Posted Thu 1st Jan
We the undersigned hereby petition...
where the first-mentioned company is an existing company in respect of which the holders of preference shares issued before the commencement of this Act have the same voting rights in all respects as the holders of equity shares, exercises or controls more than half of the total voting power of such company. http://www.helplinelaw.com/docs/The%20Companies%20Act,%201956/Section%204%20Meaning%20of%20%22%20holding%20company%20%22%20and%20%22%20subsidiary%22.
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