05 November 2009
Hello, The definition of a public company,incldes a private company which is a subsidiary of a public company. I would like to know whether the restrictions applicable to a public limited company are applicable to a private company which is a subsidiary of a public company. And also if the restrictions are applicable whether the private company has to change its name from private limted, to limited. Regards Kavitha
12 November 2009
Dear Madam, Thank you for your reply, but can you explain why it is so,as including 'Limited'in the name of a public company is also one of the restrictions that a public company is subjected to.Why a private company which is a subsidiary is not requied to abide with this specific reqirement,is there any provision in law that says that changing the name to limited is not required
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