parent undertaking
parent enterprise

Should the parent undertaking's consolidated balance sheet show a minority interest in respect of the preference shares?

A parent undertaking owns 100% of the ordinary shares in a loss-making subsidiary with negative net assets.

The Seventh Directive (83/349/EEC), which dealt mainly with the requirement for parent undertakings to prepare consolidated accounts, was implemented by the Companies Act 1989.

For LLPs included in accounts of larger EEA (European Economic Area) or non-EEA groups, the group accounts and where appropriate parent undertakings annual report; Charge instruments (or copy charge instruments);and Court Orders.

The immediate parent undertaking of Jaguar Land Rover Automotive PLC is TML Singapore Pte Limited and the ultimate parent undertaking and controlling party is Tata Motors Limited of India.