A private limited company has 48% shareholding of bodies corporate of its equity share capital. So virtue of section 43 A it has become deemed public company. Kindly let me know that whether all provisions relating to public companies will be followed in this matter.
The concept of deemed public company is scrapped.
other views are solicited
Concept of Deemed public company is burried in the company law books.
This concept is no more alive except as stated by CS Charu.
Agree with CS Charu.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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