CS
2942 Points
Posted on 18 April 2016
As PER SECTION 179(3) (f), if the Holding Company is public Limited Company , it has to file Form no MGT 14 WITH REGISTRAR WITHIN 30 DAYS OF PASSING RESOLUTION. BUT IF THE HOLDING COMPANY IS PRIVATE LIMITED COMPANY, THEN AS PER COMPANIES AMENDMENT ACT 2015, PRIVATE COMPANIES ARE EXEMPTED FROM FILING FORM MGT 14.