Question
Investor A holds 42% of voting rights in TargetCo; the
remaining shares are widely dispersed with no other holder above 3%. Investor A also has substantive rights to appoint key management and provides essential funding via an exclusive facility. Historic meetings show passive minority participation and A’s proposals always pass. Should Investor A consolidate TargetCo and on what basis?Solution
Control under Ind AS 110 focuses on power over relevant activities, exposure to variable returns, and ability to affect those returns. With dispersed others, consistent decision-making power, and substantive rights/funding dependence, A likely has de-facto control and must consolidate.
Statement:
Only few Red are yellow
No yellow are white.
Only green are white.
Conclusion:
I. Some yellow are red...
In the questions given below there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be ...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
In the question below there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be true ev...
Statements:
Only books are staplers.
All pencils are books.
All pencils are glasses.
No glass is a jug.
Conclusion...
Statement:
Only a few Y are Z
No Y is X
No Z is V
Conclusion:
I. Some Y are not Z
II. Some X are V
...Statements:
Some copy are not book.
Only a few book are paper.
Only paper are notebook.
Conclusions:
Some copy may...
In the questions given below, there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be...
In the question below there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be true ev...
Statements:
Only a few Fruit is Colour.
All Vegetables are Colours.
No Vegetable is a Soup.
Conclusions:
I...
