What is associate company?

What is associate company?

2(1)        “abridged prospectus”     means a memorandum containing such salient features of a prospectus as be specified by the securities and exchange board by making regulations in this behalf;

2(2)        “accounting standards”    means the standards of accounting or any addendum thereto for companies or class of companies or class of companies referred to in section 133;

2(3)       “alter” or “alteration”        includes the making of additions, omission and Substitution;

2(4)      “APPELLATE TRIBUNAL”       means the National company law appellate tribunal constituted under section 410;

2(5)      “Articles”     means the articles of association of a company as originally fr12amed or as altered from time to time or applied in pursuance of any previous company law or of this act;

2(6) “Associate Company” 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.

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