Sec 2 (52) of co. act
This query is : Resolved
Kapil Garg
(Querist)
03 July 2014
Dear experts,
Is pvt. co. a listed co. as per co. act 2013.because if co. is listed then it will convert into public because 25% holding is of public.
so pls resolve my query.
Ankur Garg
(Expert)
04 July 2014
No a Private Company cannot be deemed to be a Listed Company in any condition. Listed company is a company listed with Stock Exchange through detailed procedure.
Thanks
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