Understanding the Concept of 'Associated Companies' in Section 53 of the Companies Act

Maine socha tha mujhe uss question ka jawab pata hai, lekin woh paper happen kerne ke baad pata chala ki woh zyada mushkil tha. Question tha: "X Limited is the holding company of A Limited, B Limited, and C Limited, all of which are companies incorporated under the Companies Act, 1956. A Limited and B Limited are the joint holding companies of D Limited. C Limited has an agreement with E Limited to manage D Limited's business. Which of the following statements is correct regarding X Limited and other companies?"

To tackle this question, you need to understand the concept of "associated companies" under Section 53 of the Companies Act. First, identify the relationships between the companies. X Limited is the holding company of A Limited, B Limited, and C Limited.