Sec 56
This query is : Resolved
18 July 2014
Sec 56(2)(viia) / 56(2)(viib) are not applicable on companies in which public are substantially interested.
Now wish to know that there is a company listed on a regional stock exchange which is a recognized stock exchange. But on looking for the status of the company, it is a suspended company. The question is that if a suspended company will also be treated as "a company in which public are substantially interested" or not and accordingly Sec 56 (2)(viia) / (viib) would be applicable to it or not?
Now wish to know that there is a company listed on a regional stock exchange which is a recognized stock exchange. But on looking for the status of the company, it is a suspended company. The question is that if a suspended company will also be treated as "a company in which public are substantially interested" or not and accordingly Sec 56 (2)(viia) / (viib) would be applicable to it or not?
18 July 2014
in the roc records what is the status of the company is it public or private?
if its public then not applicable.
in the roc records what is the status of the company is it public or private?
if its public then not applicable.
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