Please interprate these lines

"Provided that a company which is a subsidiary of a company, not being a private

company, shall be deemed to be public company for the purposes of this Act even

where such subsidiary company continues to be a private company in its articles"

 

plz sir/mam interprate these lines... i am in grate confusion in "not being a private company," whether it is related to holding company or subsidary company..... please rply as soon as possible

If a Private company is a Subsidiary of a public Company then such public company also regarded as a public company

If a Private company is a Subsidiary of a public Company then such private company also regarded as a public company