Part 3 ask about any exemption to the private company, but the answer to this deny of any exemption to pvt companies (refer the MTP of oct- 21 for answerl).
However notification no. G.S.R 464 E State that sec 185 shall not be applicable on PRIVATE companies on fullfilment of 4 conditions.
Please tell whether there is mistake in answer or Notification has revised?1 Share
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CA Inter Law Discussion Group
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