Section 388A - Sections 386 to 388 not to apply to certain private companies. - Companies Act, 1956

Sections 386 to 388 not to apply to certain private companies. [1] [388A. Sections 386, 387 and 388 shall not apply to a private company unless it is a subsidiary of a public company.] ------------------------------------- Notes:- [1] Inserted by the Companies (Amendment) Act, 1960, Act, 65 of 1960, section 149,