Applicability of schedule ii to private limited company

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Sandeep A Fotani (Querist)
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29 July 2015 can anyone explain about the applicability of sub-clause(i) or (ii) of clause (3) of part A of Schedule II of companies Act, 2013.

NOTE:In a simple way, sub-clause (i) of clause 3 of part A of Schedule II of companies Act, 2013 says, In case of such class of companies, as may be prescribed and ETC.

So i want to understand the meaning of the word "as may be prescribed"?where it is prescribed?etc

Vishrut Shah

Vishrut Shah (Expert)
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29 July 2015 Yes it covers companies like banking company, electricity companies , telecom companies etc.