Deemed public company

4780 views 4 replies

hi. i am doing an audit of one of the companies where i came across another company with whom they are dealing and that company is recognised as Deemed Public Company.

Can anybody clarify the clear meaning of Deemed public Compnay.

Replies (4)
Deemed public company is a private limited Company which is subsidiary of a Public limited Company.

thanks just wanted to be sure...

Hi. Can anybody plz state the implications of a pvt co being  a public co?

Should it raise its capital, shareholders & Directors as per a public co?

any return has to be sent to ROC?

Certain private companies are deemed to be public companies by virtue of section 43 A, viz.-

1. when 25% or more of its paid-up share capital is held by one or more body corporate;

2. when its average annual turnover (during the last 3 years) exceeds Rs. 25 crores;

3. when it holds 25% or more of the paid-up share capital of Public Company; or

4. when it accepts or renews deposits from the public after making an invitation by an advertisement.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details