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Public Companies in
India - Definition
Companies Act, 1956
Companies Act, 2013
Amendment Act, 2015
FOREDUCATIONAL/REFERENC...
Public Companies
Definition Companies
Act, 1956
Companies
Act, 2013
1st
Amendment
2015
a company which is not a private
co...
Public Companies
Definition Companies
Act, 1956
Companies
Act, 2013
1st
Amendment
2015
Provided that a company which is a
...
Thanks
For queries / concerns mail :
gupta.satya.prakash@icai.org
FOREDUCATIONAL/REFERENCE
USE©SPGUPTA,FCA,DISA,FAFD
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Public companies in India - Definition

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Changes in legal definition of Public Company in Indian Law in the context of the Companies Act 1956 / 2013 and the Companies Amendment Act 2015

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Public companies in India - Definition

  1. 1. Public Companies in India - Definition Companies Act, 1956 Companies Act, 2013 Amendment Act, 2015 FOREDUCATIONAL/REFERENCE USE©SPGUPTA,FCA,DISA,FAFD
  2. 2. Public Companies Definition Companies Act, 1956 Companies Act, 2013 1st Amendment 2015 a company which is not a private company    has a minimum paid-up capital    of five lakh rupees or such higher paid-up capital    as may be prescribed    is a private company which is a subsidiary of a company which is not a private company.    FOREDUCATIONAL/REFERENCE USE©SPGUPTA,FCA,DISA,FAFD
  3. 3. Public Companies Definition Companies Act, 1956 Companies Act, 2013 1st Amendment 2015 Provided that a company which is a subsidiary of a company, not being a private company, shall be deemed to be public company for the purposes of this Act    Even where such subsidiary company continues to be a private company in its articles    A company may be formed for any lawful purpose by seven or more persons, where the company to be formed is to be a public Company    FOREDUCATIONAL/REFERENCE USE©SPGUPTA,FCA,DISA,FAFD
  4. 4. Thanks For queries / concerns mail : gupta.satya.prakash@icai.org FOREDUCATIONAL/REFERENCE USE©SPGUPTA,FCA,DISA,FAFD

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