A parent company can have direct and indirect interests simultaneously in a subsidiary but NCI can not have both direct and indirect interests.

Question

Quizplus · Accepted Answer

NCI (Non-Controlling Interest) refers to the portion of a subsidiary's stock that is not owned by the parent company. NCI can have both direct and indirect interests in a subsidiary at the same time, while a parent company can only have either direct or indirect interest in its subsidiary.

A Parent Company Can Have Direct and Indirect Interests Simultaneously