My Owner.......

I'm writing a visual component (see below) and I want it to be created only on another my component....
Can I do the such thing: if I'm placing my component on the another my component - the second component will became an owner of the first component?

unit ChessPanel;

interface

uses
  Windows, Messages, SysUtils, Classes, Graphics, Controls, Forms, Dialogs,
  ExtCtrls;

type
  TChessPanel = class(TCustomPanel)
  private
    { Private declarations }
  protected
    { Protected declarations }
  public
    { Public declarations }
        Constructor Create(AOwner: TComponent); override;
  published
    { Published declarations }
        Property Align;
  end;

  TBaseChessPanel = class(TCustomPanel)
  private
    { Private declarations }
  protected
    { Protected declarations }
  public
    { Public declarations }
        Constructor Create(AOwner: TComponent); override;
  published
    { Published declarations }
        Property Align;
  end;


procedure Register;

implementation
Constructor TChessPanel.Create(AOwner: TComponent);
begin
  If  not (AOwner is TBaseChessPanel) Then
   Begin
     MessageDlg('Incorrect Owner',mtError,[mbOk],0);
     raise EInvalidOperation.CreateFmt('Incorrect Owner %s',[AOwner.Name]);
   End;
  inherited Create(AOwner);
  ControlStyle := [csAcceptsControls, csCaptureMouse, csClickEvents,
    csSetCaption, csOpaque, csDoubleClicks, csReplicatable];
  Width := 185;
  Height := 41;
  BevelOuter := bvNone;
  BevelWidth := 1;
  Color := clBtnFace;
  UseDockManager := True;
end;

Constructor TBaseChessPanel.Create(AOwner: TComponent);
begin
  inherited Create(AOwner);
  ControlStyle := [csAcceptsControls, csCaptureMouse, csClickEvents,
    csSetCaption, csOpaque, csDoubleClicks, csReplicatable];
  Width := 185;
  Height := 41;
  BevelOuter := bvNone;
  BevelWidth := 1;
  Color := clBtnFace;
  UseDockManager := True;
end;

procedure Register;
begin
  RegisterComponents('Chess', [TChessPanel,TBaseChessPanel]);
end;

end.