Sec 295 query urgent

divita agarwal (xyz) (99 Points)

31 May 2014  

it says that sec 295 doesnt't apply if the loan is given by a public co to another public co. But than it says that it applies if loan is given by a public co to a body corporate of which not less than 25% of the voting power is exercised by such director.

my question is that does the definition of body corporate includes "public co." too?