What is the difference between Deemed Prospectus under section 25 and an offer for sale under section 28 of the Companies Act 2013?
A trader buys from manufacturer not registered in excise as his turnover is below 1.5 crore. then in such case can traders take ITC on stock up to 40%?
A Private Limited Company which become a subsidiary of a public company is required raise numbers of directors from 2 to 3?
Kindly advise regarding the below :-
X is a private limited company incorporated under Indian Companies Act, 1956. Its holding company i.e. Y hold 99.99% shareholding of X and Y is incorporated in Japan. Y's holding company i.e. Z (Listed in Tokyo stock exchange) holds 100% shares of Y.
Please advise whether X will be considered as deemed public company ?
A Private Limited Company which has no business income only income is from FD and from Liquid Mutual Funds...Will it be treated as Deemed NBFC in the eyes of law
Company planning to convert itself into LLP...would there be any issue with regards to conversion
Kindly share your views in the above
One of the subscriber to MOA of a pvt company is having shareholding of 99.99% ie held by a public company.
My query is it necessary to have 7 subscribers to MOA in the case of deemed public company at the time of incorporation or can we incorporate with 2 members?
Any case laws supporting the views would be highly appreciated.
Dear Learned Members,
What all compliances need to be done by the deemed public company, being a subsidiary of a listed Company.
Also pls confirm if the independent directors and women directors need to be appointed in the same.
Further, the said deemed public Co. is having only two directors, in there any need to maintain minimum directorship like that for public Companies.
Can money transferred between a private limited company and LLP in which both director and designated partner are same, Deemed Dividend under Section 2(22)(e) of income tax act is applicable or notClick here to view / answer Share it on
Whether the Re-conciliation of Share Capital Audit by Deemed Public Companies (subsidiary of Private Limited Companies) is required to be done ?
Is there any concept of 'deemed acceptance of an offer' proposed to the equity shareholders for exit option in case of compulsory delisted by BSE?
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