Deemed public company sec 43a.
This query is : Resolved
06 September 2014
A private company which is subsidiary or holding of a public company is deemed to be a Public Company as per Sec 43A . ?
06 September 2014
As per the definition (Section 2(71) of the companies act, 2013 private company which is a subsidiary of public company shall be deemed to be public company.
Concept of deemed public companies abolished — S. 43A pursuant to Companies (Amendment) Act, 2000
Concept of deemed public companies abolished — S. 43A pursuant to Companies (Amendment) Act, 2000
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06 September 2014
Okey sir , it means private company which is subsidiary of public company shall not be consider as a public company.
08 September 2014
Private company which is subsidiary of public company shall be public company.
08 September 2014
Okey. Thank you sir.
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