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about demed public company

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(Querist)
22 March 2009 what is deemed public company?
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CA LOKESH KASAT, FCA, M.Com

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CA LOKESH KASAT, FCA, M.Com (Expert)
22 March 2009 When a private co. is acquired by public Co., then such private company is known as deemed public co.
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ARUN SHARMA

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ARUN SHARMA (Querist)
22 March 2009 what is the diference between public co. & deemed public co.?
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
22 March 2009 It was governed by Sec.43A of the Companies Act.
It has been now omitted vide Companies Amendment Act, 2000.
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ARUN SHARMA

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ARUN SHARMA (Querist)
22 March 2009 thanks.....
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