subsidiaries

subsidiaries
A company which is controlled by another company (its holding company). Under section 736 of the Companies Act 1985, whether or not one company is a subsidiary of another depends effectively on whether the other company:
• Holds a majority of the voting rights; or
• Is a member and has the right to appoint or remove a majority of the directors; or
• Controls, alone or with other shareholders or members, a majority of the voting rights at board meetings.
Related links
USA
In the context of finance transactions, and with respect to any person, any company, partnership or limited liability company at least 50% of the outstanding voting stock (or comparable ownership interest) of which is owned, directly or indirectly, by such person or by one or more subsidiaries of such person.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

См. также в других словарях:

  • Subsidiaries — Subsidiary Sub*sid i*a*ry, n.; pl. {Subsidiaries}. One who, or that which, contributes aid or additional supplies; an assistant; an auxiliary. Hammond. [1913 Webster] …   The Collaborative International Dictionary of English

  • Subsidiaries — Приложение, добавление (справочного, учебного, микрофильмированного и т. п. материала после основного текста); Аппарат книги …   Краткий толковый словарь по полиграфии

  • subsidiaries — sub·sid·i·ar·y || sÉ™b sɪdɪerɪ / dÊ’É™rɪ n. subsidiary company, company that is owned or controlled by another company adj. supplementary, auxiliary; secondary, lesser in importance; of or pertaining to a subsidy …   English contemporary dictionary

  • Subsidiaries of Royal Brunei Airlines — Royal Brunei Airlines is the national air carrier of Brunei Darussalam. In addition to the aircraft business, it also has a number of subsidiaries.Abacus Distribution SystemsAbacus Distribution Systems (Brunei) is an Abacus International… …   Wikipedia

  • Sony Corporation shareholders and subsidiaries — Corporate information for the Sony Corporation.hareholders: (As of March 31, 2007) #Moxley Co. (Depositary Bank for ADRs) (17.6%) #The Master Trust Bank of Japan, Ltd. (Trust Account) (4.8%) #Japan Trustee Services Bank, Ltd. (Trust Account)… …   Wikipedia

  • List of Gazprom's subsidiaries — Russian energy company Gazprom has several hundred subsidiaries owned and controlled directly or indirectly. The subsidiaries are listed by countries. The list is incomplete.Russia100% ownership* Astrakhangazprom * Bashtransgaz * Burgaz *… …   Wikipedia

  • Taxable REIT subsidiaries — ( TRSs ) allow real estate investment trusts ( REITs ) to more effectively compete with other real estate owners. They do this by providing services to tenants or third parties such as landscaping, cleaning or concierge, and they provide new… …   Wikipedia

  • Singapore Airlines subsidiaries — Singapore Airlines has over 50 subsidiaries and associates, including:IA Engineering Company LimitedSIA Engineering Company Limited (SGX: [http://info.sgx.com/serviceapp.nsf/Cpy/S59 S59] ) is a major provider of aircraft maintenance, repair and… …   Wikipedia

  • Biman Bangladesh Airlines subsidiaries — include a number of ancillary and maintenance facilities established to facilitate operations of Biman Bangladesh Airlines, the national carrier of Bangladesh. Among these subsidiaries are Biman Flight Catering Centre, Biman Engineering Hangar,… …   Wikipedia

  • Malaysia Airlines subsidiaries — Malaysia Airlines, the government owned national airline based at Kuala Lumpur International Airport, has over 30 subsidiaries and associates, including: Contents 1 Malaysia Airlines Cargo Sdn. Bhd. 2 MAS Aerotechnologies Sdn. Bhd. 3 MAS Academy… …   Wikipedia


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