Associate Company definition

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 purposes 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

• SUBSIDIARIES/JOINT VENTURES/ASSOCIATE COMPANY The Company do not have any Subsidiary, Joint Ventures or Associate Company.

• Yogesh Bangurm) Transactions during the year with Related PartiesNature of transactionAssociate CompanyKey Managerial PersonnelRelatives of Key Managerial PersonnelSubsidiary Company````1Interest receiptsa) M.B.Commercial Co.Ltdb) General Investment Co.Ltd8,24,999(5,60,274)1,32,328(Nil) NOTES TO FINANCIAL STATEMENTS (Contd..) Nature of transaction Associate Company Note : Figures in bracket represents previous year’s amount.

• Yogesh Bangur j) Transactions during the year with Related Parties Nature of transaction Associate Company NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Contd..) Nature of transaction Associate Company Note : Figures in bracket represents previous year’s amount.

• Job profile and his suitability: As Director-Corporate of the Company, Shri Samar Bhattacharyya is primarily responsible for monitoring the performance of the Subsidiaries and the Associate Company of the Company and as an interface between them and the Holding Company and duties entrusted by the Board and exercises such powers as have been granted by the Managing Director/Board.

• The Company does not have any Subsidiary, Joint venture or Associate Company during the financial year under review.

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 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 means “Associate Company” as defined in Section 2 (6) of the Companies Act, 2013.

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 any Affiliated Company of which Minerals Technologies Inc. owns directly or indirectly at least 80% of the issued and outstanding shares of stock, which, with the consent of Minerals Technologies Inc., adopts the Plan pursuant to the provisions of Section 9.8 hereof, and, when action is required to be taken hereunder by an Associate Company, such action shall be authorized by its Board of Directors.

Associate Company means a Company within the meaning of 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