please help. Is section 43 A (concept of deemed public company) still in operation or it has been abolished???
ashish narula (cs) (24 Points)
11 November 2011please help. Is section 43 A (concept of deemed public company) still in operation or it has been abolished???
Anumanchipalli Sathikonda
(Tax Consultant)
(1559 Points)
Replied 11 November 2011
Mr.Ashish Narula
The provisions of section 43A of Companies Act, 1956 except the provisions of Sub-section (2A) are not in force at present.
The amendment to this section has been made by inserting sub-section (11) w.e.f. from 13-12-2000.
Best Wishes
Sathikond
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