Is sec 43a deemed public company applicable ?
This query is : Resolved
05 September 2014
Is Sec 43a of Companies Act 1956 related to Deemed Public Company applicable ??
CS Mitesh Mehta
(Expert)
06 September 2014
Sec 43A HAS BEEN ABOLISHED BY COMPANIES (AMENDMENT) ACT 2000. AT THE TIME GOVT. HAS PROVIDED OPTION TO RETAIN STATUS OF COMPANY AS PRIVATE BY INTIMATION.....IF THE COMPANY HAD NOT OPTED FOR IT, IT WILL BE TREATED AS PUBLIC CO. ALL PROVISIONS APPLICABLE TO PUBLIC COMPANY WILL BE APPLICABLE.
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