9911796707
TMI BlogRegarding new provisions of Section 43A(2A) of the Companies Act, 1956X X X X Extracts X X X X X X X X Extracts X X X X ..... arding new provisions of Section 43A(2A) of the Companies Act, 1956 To All Regional Directors All Registrars of Companies The Registrar of NCT of Delhi and Haryana has sought a clarification on the applicability of Section 43A(2A) on the erstwhile deemed public companies (when Section 43A was in operation prior to the Companies (Amendment) Act, 2000, which came into force w. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f Section 43A, such exemption is not required. Therefore, applications under Section 43A(2A) shall be dealt with independent of section 4(7) of the Act. The legal position in the above circumstances would be that a private company would be the subsidiary of another private limited company even if the holding company happens to be a foreign body corporate and these companies do not need the e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as public companies. 5. In the circumstances, it is hereby clarified, that in cases falling in the above paragraphs, the Registrar is required to make the necessary corrections in the certificate of incorporation within 4 weeks as from the date of receipt of application from the company as provided in Section 43A(2A) of the Act. (E. Selvaraj) Joint Director (T) (COPY) Departmen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ic company, which had become a deemed public company under Section 43A of the Companies Act when it was in force, does not approach for reconversion, it is deemed to have chosen to remain as a public company. Yours faithfully, Sd/- (Thakur Sharan) Under Secretary to the Govt. of India (Te: 3389796) - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Ma ..... X X X X Extracts X X X X X X X X Extracts X X X X
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