Ultimate Holding Company : Meaning & Definition
A Company will be called as an Ultimate Holding Company, when that company has
one or more
and any one o
r more such sub
But that Ultimate Holding Company is not a subsidiary of any company.
HLD Limited – a Holding Company
SUBS ONE Limited is the subsidiary company of HLD Limited.
SUBS TWO Limited is the subsidiary company of HLD Limited.
SUBSIS Limited is the subsidiary company of SUBS ONE Limited.
HLD Limited doesn't have any holding company that means it is not the subsidiary of any company.
In the above case, HLD Limited is the
Ultimate Holding Company.
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