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Deemed Public Company

A Deemed Public Company is a company which is a subsidiary of a company, not being a private company, even where such subsidiary company continues to be a private company in its articles.

Scenarios:

Case (1) - Deemed Public Company
  • OIU Limited is a public company.
  • FIG Private Limited is a private company.
  • FIG Private Limited is the subsidiary of OIU Limited.
In this case, FIG Private Limited will be deemed to be a public company.


Case (2) - Not a Deemed Public Company

  • LKJ Private Limited is a private company.
  • DSA Limited is a public company.
  • DSA Limited is the subsidiary of LKJ Private Limited.
In this case, LKJ Private Limited will not be deemed to be a public company.
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