The responsibility of the holding company with the subsidiaries and the termination of the relationship.

In fact, the holding company is one of the modern means of economic concentration and the grouping of companies, and its subsidiaries are considered the operating for the holding company, because it conducts commercial and industrial business in the place of the holding company, and the directives and instructions of the holding company are applied to it, and because the latter owns a majority in the capital of the subsidiary, in the end it is subject to the central management managed by the holding company. The capacity of control on the part of the holding company may be one of the reasons for the transfer of responsibility and obligations of the subsidiary to the holding company, There is no doubt that control by the holding company can lead to damage to the minority as a result of violating the equality between the interests of the holding company and the interests of the remaining minority shareholders in the subsidiary. In general, the company is considered a legal personality and has complete independence in terms of financial and administrative from the other, confirming that, the holding company and the subsidiaries, are two distinct personalities, each of them has a legal personality, and the obligations and actions of one of them should not bind the other in any way, and none of them can bear responsibility in the event of disputes because they are legally independent, in the event of an obligation, as in the case of a debt on the part of the subsidiary, a holding company cannot Bound by the obligation of the subsidiary company, and shall not pay its debts except to the extent of its contribution to the capital of a subsidiary.