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.