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    Private company being a Subsidiary of a Public Company

    Posted By : Sachin / Published on : 16-Nov-2020 11:14 AM / View : 398 / Comment : 0

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    As per the provisions of the Companies Act,2013 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.



    Please let me know whether such companies are entitled to use the word ‘Private’ in their documents.



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