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Chapter 2 of companies act, 2013

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 December 2015 Is it necessary for a subsidiary company which is a public company to get converted into a private company if it's holding also gets converted from Public to Private ? If yes, which provisions or case laws say so ?
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CS Nagesh Rudrakanthwar

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CS Nagesh Rudrakanthwar (Expert)
10 December 2015 Not required to be converted into private company
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Pratik Shah

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Pratik Shah (Expert)
11 December 2015 I agree with Nagesh bhai.
The main reason is that they both are independent to each other. They are independent entity.
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