Is sec.292A is applicable to a Company which is a Pvt.Ltd. company subsidiary of Public Ltd.co. ?
CA CS Amit Borade (Chief Accountant) (2828 Points)
22 September 2009Is sec.292A is applicable to a Company which is a Pvt.Ltd. company subsidiary of Public Ltd.co. ?
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 22 September 2009
Hello Amit,
No. Section 292A is not applicable to a private company which is subsidiary of a public company. This is 100% sure.
Regards
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 22 September 2009
WELCOME AMIT.