Pvt. co. as sub. of pub co.

This query is : Open

RAHUL AHEWAL (Querist)
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01 August 2011 Dear Sir,

What shall be the Accounting and Law implications in case if A private limited company is holding of a Public limited company.....

Regards

Rahul Ahewal

CA Ashwani Agarwal

CA Ashwani Agarwal (Expert)
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01 August 2011 As per law, a pvt company which is a subsidiary of public company will be deemed to be a public company and all the provisions of companies act will apply as if it is a public co.

RAHUL AHEWAL

RAHUL AHEWAL (Querist)
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01 August 2011 Dear Sir,

I think i have erred in writing the heading of this quary. I apolozise for that mistake.

But I asked the implications when a PRIVATE LIMITED COMPANY IS HOLDING OF ANY PUBLIC LIMITED COMPANY.

and kindly enclose the relevant section no. of relevant law.

Thanks and Regards

Rahul Ahewal

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