MCA Companies Act – Glossary
Company
Means a company incorporated under the latest companies Act or under any previous company law
E.g. CBL Data Science Private Limited is a company incorporated under Companies Act, 2013
Associate Company
A company that is in relation to another company.This means a company in which that other company has a significant influenceIs not a subsidiary company of the company having such influence andIncludes a joint venture company
E.g. If Company A is having a significant influence on Company B, then Company B is an associate company of Company A
Joint Venture (JV)
Means a joint company where 2 or more companies or entities have joint control of the joint company, have rights to the net assets of the Company
E.g. HDFC ERGO GENERAL INSURANCE COMPANY LIMITED...