Deemed public company sec 43a.

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Sonam Kala (Querist)
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06 September 2014 A private company which is subsidiary or holding of a public company is deemed to be a Public Company as per Sec 43A . ?

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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06 September 2014 As per the definition (Section 2(71) of the companies act, 2013 private company which is a subsidiary of public company shall be deemed to be public company.

Concept of deemed public companies abolished — S. 43A pursuant to Companies (Amendment) Act, 2000

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Sonam Kala

Sonam Kala (Querist)
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06 September 2014 Okey sir , it means private company which is subsidiary of public company shall not be consider as a public company.

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CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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08 September 2014 Private company which is subsidiary of public company shall be public company.

Sonam Kala

Sonam Kala (Querist)
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08 September 2014 Okey. Thank you sir.