Associate Company means any other Company, in which the Company has a significant influence, but which is not a Subsidiary Company of the Company having such influence and includes a joint venture company.
Associate Company means any other company, in which the Company has a significant influence
Associate Company means any other Company, in which the Company has a significant influence, but which is not a Subsidiary Company of the Company having such influence and includes a Joint Venture Company. Explanation — for the purpose of this clause, "Significant Influence" means Control of at least twenty per cent of total Share Capital, or of Business decisions under an Agreement.
Examples of Associate Company in a sentence
The Company does not have any Subsidiary, Joint venture or Associate Company.
It may be noted that the Bidder may request the Liquidator to permit the Bidder to submit the Earnest Money through its Associate or Associate Company.
Such an Associate or Associate Company must also be an Eligible Bidder as per the requirements specified in this E-Auction Process Information Document.
Such payment of the Earnest Money by an Associate or Associate Company of the Bidder shall be accompanied by a letter in the format set out in Format B (Earnest Money by an Associate / Associate Company).
In case of JV or inclusion of Associate Company, a MoU indicating the specific Projects, input and role of each Partner etc.
More Definitions of Associate Company
Associate Company in relation to corporate body means any other corporate body controlled by the same person or persons who control the first mentioned corporate body, where "control" has the meaning assigned thereto by section 1124 of the Corporation Tax Act 2010.
Associate Company means “Associate Company” as defined in Section 2 (6) of the Companies Act, 2013.
Associate Company means in relation to another company, means a company in which that other company has a significant influence, but which is not a subsidiary company of the company having such influence and includes a joint venture company, as per Companies Act 2013. Significant influence shall mean control of at least twenty per cent of total share capital, or of business decisions under an agreement.
Associate Company in relation to the Company means a company in which the Company has significant influence. However, such other company is not a subsidiary company of the Company and includes a joint venture company. Significant influence means control of at least 20% of the total share capital or of business decisions under an agreement.
Associate Company means Company as defined in Section 2 (6) of the Companies Act, 2013.
Associate Company. , means any company in which the Company controls at least twenty per cent of total share capital or of business decision under an agreement, but which is not a subsidiary of the Company but includes a Joint Venture Company
Associate Company means a Company within the meaning of section 2(6) of the Companies Act, 2013.