Deemed public company

Guest (Querist) 12 December 2012 This query is : Resolved
Dear Experts,

Someone may please clarify :

The ABC INC. (Foreign Corporation of USA) is holding 99.50% of the paid up capital in the Indian private limited company.

Query

Whether the said Foreign Corporation shall be treated as a deemed public company or not.

Ans : …………

How can we identity the Foreign Corporation as a Public Company or Private Company, if was incorporated in India ?

Ans : …………

Thanks.

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Raj Kumar Makkad (Expert) 13 December 2012
Your similar query has already been resolved then there is no use to raise it again and otherwise also you being a big corporate house can engage the services of experts in the filed.

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