de facto control definition

de facto control of a company by a person means direct or indirect influence of a kind that, if exercised, would result in the person's controlling the financial provider in fact, and includes any such influence exercisable by virtue of any such influence over, or the de jure control of, another financial service provider or other companies;
de facto control. , in relation to a company, means actual control over the management of the company, whether the control is exercised through the holding of shares or other securities in the company or the right to appoint directors of the company, or otherwise;
de facto control of a company by a person means

More Definitions of de facto control

de facto control means ANY enterprise (Chinese or foreign) under the direct or indirect control of foreign investors or foreign-invested enterprises (Article 19).
de facto control means a holding or aggregate holding of shares or other securities in a company entitling the holder thereof to exercise, or cause to be exercised, the specified percentage or more of the voting rights at meetings of that company;
de facto control of a company by a person means direct or indirect influence of a kind that, if exercised, would result in the person's controlling the company in fact, and includes any such influence exercisable by virtue of any such influence over, or the de jure control of, another company or other companies;