holding subsidiary
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 December 2010
'A' pvt. ltd. co. which is wholly owned subsidiary of 'B'Pub Ltd..
My question is : ‘A’Pvt. Ltd. company attract provisions of ‘B’ Pub. Ltd. as per co. act, 1956 ?? or will get benefit as are earlier available as Pvt. Ltd.??
Just brief provisions the provisions which are applicable to ‘A’ Pvt. Ltd.!!!
My question is : ‘A’Pvt. Ltd. company attract provisions of ‘B’ Pub. Ltd. as per co. act, 1956 ?? or will get benefit as are earlier available as Pvt. Ltd.??
Just brief provisions the provisions which are applicable to ‘A’ Pvt. Ltd.!!!
Ajay Mishra
(Expert)
24 December 2010
Hi
'A' pvt Ltd will be treated as a private company which is a subsidiary of public company and some provisions of Companies Act which are not applicable to private company generally will apply to subsidiary company.
The company will also maintain the provisions of their articles after the become the subsidiaries of public limited company.
Regards
Hi
'A' pvt Ltd will be treated as a private company which is a subsidiary of public company and some provisions of Companies Act which are not applicable to private company generally will apply to subsidiary company.
The company will also maintain the provisions of their articles after the become the subsidiaries of public limited company.
Regards
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