India time is 9.5 hours ahead of Eastern time. Therefore, if it is  11:30 p.m. Eastern, the time in India would be 9:00 a.m. 1 person found this useful.
Definition. A wholly owned subsidiary is a company that is completely owned by another company called the parent company or holding company. The parent company will hold all of the subsidiary's common stock.ummary. A wholly owned subsidiary is a company completely owned by another company. The company that owns the subsidiary is called the parent company or holding company.
It is a corporation owned or controlled in whole or in part by the Nonprofit (the Parent). B. A subsidiary may be nonprofit (usually also charitable tax-exempt) or for-profit. C. Other terms that refer to a subsidiary include affiliate, support corporation, and title-holding. corporation. These terms generally refer to a subsidiary that meets certain requirements, not to all. subsidiaries. D. A subsidiary with more than one owner is more complex than a wholly owned subsidiary.