Section - 2(71), Public company defined under (CA, 2013)

Section - 2(71), Public company defined under (CA, 2013)

Co. Law, Sebi, Audit & A/c

Definitions

(71) "public company" means a company which—


(a) is not a private company and;


(b) has a minimum paid-up share capital, as may be prescribed:


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 ;