Subsidary

This topic has 3 replies, 2 voices, and was last updated 2 years ago by mrjonbain.

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September 8, 2023 at 2:58 am #691678
saulatr
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45% of company, with other shareholders having less than 1% shares each and no upvote against our decision. Do this makes it our subsidary?
September 8, 2023 at 10:07 am #691709
mrjonbain
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I am not entirely clear by what you mean by no upvote.
September 8, 2023 at 3:14 pm #691733
saulatr
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No one will go against their decision.
September 9, 2023 at 8:34 am #691788
mrjonbain
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Since they would have effective control then it should be treated as a subsidiary.
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