Companies act,1956
This query is : Resolved
13 December 2011
Is Section 198 of companies act, 1956 applicable to Closely held Company???
13 December 2011
Applicable only to Public Companies and Private Company which is a subsidiary of a Public Company.
21 December 2011
thank u sir...for ur reply..
But my query is whether this section is also applicable on a public limited co. which is a closely held company????
But my query is whether this section is also applicable on a public limited co. which is a closely held company????
21 December 2011
Yes. Applicable on all Public Limited Companies.
21 December 2011
Thank u Sir for ur valuable suggetion...
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