Deemed public company if holding company is a private company
Anamol Agrawal (29 Points)
07 December 2022however X is a private limited company
is it will be deemed public company or not?
Anamol Agrawal (29 Points)
07 December 2022
Manish
(CA)
(1158 Points)
Replied 07 December 2022
No, it is not deemed public. Only subsidiaries are deemed public, not holding.
Manish
(CA)
(1158 Points)
Replied 07 December 2022
It became one in the old companies act and not due to being a holding company.
Now it is a private company.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
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