Important provisions- pvt co. subsidiary to public co.
Querist : Anonymous
Please guide regarding the important provisions or sections under the Companies Act, 1956 applicable to the Private company which is the subsidiary of the public company.
What are the consequences of non compliance of such provisions
Thanks
Go to the following link, it may help you:
https://www.caclubindia.com/experts/private-company-which-is-a-subsidiary-of-a-public-company--891870.asp
Querist : Anonymous
Have gone through it and now have some clarity.
Can you guide regarding the position of the subsidiary companies (Pvt Ltd) of that subsidiary, whose holding company is a Limited company.
Thanks
If a private company becomes subsidiary of public company (holding company)then some provision of the Companies Act, 1956, become applicable as applicable on public limited company or its holding company.
After become subsidiary, there will be no changes in constitution of members or director of the company. Only 2 shareholders and directors will be required.
The MOA & AOA will be same.
Querist : Anonymous
But my point was different. If A is a subsidiary co. of a public limited co., and B and C are subsidiary companies (Pvt Ltd) of this company A (Subsidiary of a public company), what will be the position of the company B and C.
Whether it will be similar to A where some provisions of the public limited company will be applicable on them or otherwise.
Thanks.
Click here to login now
Similar Resolved Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Unregistered suppliers utility
- ITDS U/S.194T of Firm
- NRI starting business in India
- Difference between Date of Payment and Date of Deduction?
- Journal entry of busniess expenses
- GST not cancelled by tenant
- FORM 141 SDV query
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- Cash balance limit and property purchases limit
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
