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It is found that the courts of different countries have taken different stand on the issue. While, England and USA seem to be strict, Australian courts are liberal and hesitant to extend the liability of subsidiary to holding company. In addition to this certain supranational organizations like European Union, have also codified norms to deal with such situations...

These aspects have been attempted to explain better by use of case laws.

2. Statutory definitions of holding and subsidiary company under different jurisdictions:

In India, Companies Act, 1956 largely governs the affairs all companies except few exceptions like banking companies which are also governed by Banking Regulation Act...

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Why is Singapore contesting the claim over Pedra Branca with Malaysia? How has this issue affected relationship between the two countries? How would it affect bilateral ties once the decision is announced by the International Courts of Justice in ... Corporate Liablity Sharing Real Courts VS Fictional Courts Outline and describe the structure and jurisdiction of the Scottish criminal and civil courts. Give examples of the types of cases these courts will hear and indicate which Scottish legal personnel you would expect to find there. US Courts Courts Federal Courts Assault on the Courts Courts and Administration US Courts of Appeals Juvenile Courts Juvenile Drug Courts juvenile vs adult courts Small Claims Courts Courts, Criminal Trials, and Sentencing

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