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TMI BlogDefinitions of "company", "existing company", "private company" and "public company".X X X X Extracts X X X X X X X X Extracts X X X X ..... 279; (a) any Act or Acts relating to companies in force before the Indian Companies Act, 1866 (10 of 1866), and repealed by that Act; (b) the Indian Companies Act, 1866 ( 10 of 1866); (c) the Indian Companies Act, 1882 ( 6 of 1882); (d) the Indian Companies Act, 1913 ( 7 of 1913); (e) the Registration of Transferred Companies Ordinance, 1942 (54 of 1942); and [1][(f) any law corresponding to any of the Acts or the Ordinance aforesaid and in force (1) in the merged territories or in a Part B State (other than the State of Jammu and Kashmir), or any part thereof, before the extension thereto of the Indian Compani ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... than its members, directors or their relatives:] Provided that where two or more persons hold one or more shares in a company jointly, they shall, for the purposes of this definition, be treated as a single member; [7][(iv) "public company" means a company which__ (a) is not a private company; (b) has a minimum paid-up capital of five lakh rupees or such higher paid-up capital, as may be prescribed; (c) is a private company which is a subsidiary of a company which is not a private company.] (2) Unless the context otherwise requires, the following companies shall not be included within the scope of any of the e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ------------------------------- Notes:- [1] Substituted by Act 62 of 1956, section 2 and Schedule for clause (f), w.e.f. 1-11-1956. [Substituted by the J & K (Extension of Laws) Act, 1956]. [2] Inserted by Act 25 of 1968, section 2 and Schedule, w.e.f. 15-8-1968. [Inserted by the Central Laws (Extension to J & K) Act, 1968, w.e.f. 15-08-1968]. [3] Inserted by the Goa, Daman and Diu (Laws) No. 2 Regulation, 1963. [4] "(Carta Lie of the 11th April, 1901)" omitted by the Repealing and Amending Act, 1964. [5] Substituted for the words "means a company which, by its articles, " by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000. [6] Inserted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000. [Substituted for the words "mean ..... X X X X Extracts X X X X X X X X Extracts X X X X
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