Urgent

This query is : Open

Pooja (Querist)
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30 January 2013 I need an expert advice in this matter. actually one of our client company is failed to file its annual returns from the F.Y. 2008-09 till date, so that the director is being defaulted in MCA site.

In F.Y. 2007-08 Paid up capital was 500,000/-

there was in the financial year 2008-09:
By adding the info:

1. X Ltd purchased it 25% shares
2. Y (P) Ltd purchased its 25% shares
3. Z (P) Ltd purchased its 25% shares

What is the company status in this particular year?
Will there any deemed public co. status?
Will any holding subsidiary relation?

Thanking you in advance.

Best Regards

CS Suraj Arora

CS Suraj Arora (Expert)
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30 January 2013 Dear Pooja

The Company is Private Limited Company. And for your attention there is no concept of deemed Public Company in the Companies Act 1956.

Thanking you
Suraj Arora

Pooja

Pooja (Querist)
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01 February 2013 Thanks for the information sir. but can u please elaborate your answer.. if there is no concept of deemed pub. co. Then what exactly the meaning of deemed public company??

Please reply sir.. its urgent...

Thanks in advance.

Best Regards

Pooja

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