company law

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 November 2009 as we know private co which is subsidary of public co. is public co. i want to know efects for such co. privte co.
1}will all rules of public co. will aplicable to such pvt. co?
2}minimum paid up capital required
3}tht. pvt co need to use world pvt. in his name.

Ankur Garg

Ankur Garg (Expert)
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05 November 2009 1. All rules of public co. shall not apply to such pvt. co. (For example section 81 right issue.)

2. Minimum pais up capital would be Rs. 1 Lakh

3. Yes. Such pvt. company need to use private word with its name.

Querist : Anonymous

Querist : Anonymous (Querist)

08 November 2009 then why such co is caled public co. can you tell me exact possiton of such co

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