private co. & public co.
This query is : Resolved
26 March 2010
If a private Co. owns 51% in a Public Co., hw will it be treated?? will it be treated as a public co.??
26 March 2010
Yes, any private company which is subsidiary of Public Company will have to comply with all the provisions applicable to Public Company
26 March 2010
The private company now beocme the holding company of the public company and at the time of consolidation of account, the private company and the private company have to adopt the principle applicable of public company...
It is just like a reverse merger concept
It is just like a reverse merger concept
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26 March 2010
agree with expert
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