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PFC CONSULTING LIMITED (A wholly owned subsidiary of Power Finance Corporation Limited A Govt. of India Undertaking)BID DOCUMENT FOR Survey & Preparation of Report for Transmission System for Construction

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What is a wholly owned subsidiary?

A wholly owned subsidiary is a company that is entirely owned by another company, referred to as the parent company.

Who is required to file a wholly owned subsidiary?

The parent company is required to file a wholly owned subsidiary as it owns the entirety of the subsidiary.

How to fill out a wholly owned subsidiary?

To fill out a wholly owned subsidiary, the parent company must provide detailed information about the subsidiary's operations, financials, and ownership structure.

What is the purpose of a wholly owned subsidiary?

The purpose of a wholly owned subsidiary is to allow the parent company to have full control over the operations and strategic decisions of the subsidiary.

What information must be reported on a wholly owned subsidiary?

Information such as financial statements, ownership structure, management team, operations, and any related party transactions must be reported on a wholly owned subsidiary.

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