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The sub-lessee is a subsidiary with the sub-lessee or perhaps the sub-lessor and sub-lessee are associated providers OR You will find there's contract between the sub-lessor and also the sub-lessee to possibly supply Uncooked material, make or distribute or consume concluded solution.
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The sub-lessor is jointly and severally accountable and responsible for the pursuits in the sub-lessee.
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A Subsidiary is a firm which is owned by An additional company wherever fifty one% or more of its shareholding is held by one other corporation.
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