Schedule v

Dear All,

 

Is schedule V of the Companies Act, 2013 applicable to Private Limited Companies.

I opine that section 196 is applicable to private limited companies but section 197 and schedule V of the companies act, 2013 are not applicable for private limited companies.

seeking opinion of experts.

Replies (2)

Yes pl. I agree with your interpretation.

 

Agree with your views Prakash ji.....

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