Meaning of "holding company" and "subsidiary".

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....pects as the holders of equity shares, exercises or controls more than half of the total voting power of such company;           (ii) where the first-mentioned company is any other company, holds more than half in nominal value of its equity share capital; or]      (c) the first-mentioned company is a subsidiary of any company which is that other's subsidiary. Illustration           Company B is a subsidiary of company A, and company C is a subsidiary of company B. Company C is a subsidiary of company A, by virtue of clause (c) above. If company D is a subsidiary of company C, company D will be a subsidiary of company B ....

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....hares held or power exercisable           (i) by any person as a nominee for that other company (except where that other is concerned only in a fiduciary capacity); or           (ii) by, or by a nominee for, a subsidiary of that other company, not being a subsidiary which is concerned only in a fiduciary capacity;  shall be treated as held or exercisable by that other company;      (c) any shares held or power exercisable by any person by virtue of the provisions of any debentures of the first-mentioned company or of a trust deed for securing any issue of such debentures shall be disregarded;    &nbsp....