Related party transactions

This topic has 1 reply, 2 voices, and was last updated 5 years ago by Stephen Widberg.

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May 21, 2021 at 6:17 pm #621361
jareerabedin
Member
- Topics: 91
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Dear sir
There are 3 companies A, B and C
A owns 70% of B
C owns 30% of A

Does this now mean, that C owns 21% of B and can exert significant influence? I’m just doubtful about the multiplication part? Is this how it’s done in a group structure to check if related party exist or not?

Thanks
May 22, 2021 at 2:14 pm #621445
Stephen Widberg
Keymaster
- Topics: 17
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Don’t multiply anything!

C has SI over A. A has control over B.

All 3 are RP.
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