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????

21 December 2011 Yes. Applicable on all Public Limited Companies.

21 December 2011 Thank u Sir for ur valuable suggetion...


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