Concept of “public interest” on the basis of which turnover is made a factor for converting private company into public company in terms of sub section (1A)

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..... ated:- 13-5-1975 Circular
Companies Law
Letter : No. 7/9/74‑CL‑II, dated 13‑5‑1975. Subject:- Concept of "public interest" on the basis of which turnover is made a facto .....

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..... interest in a company. Public interest is to be determined also on the basis of the interest of creditors, consumers, employees and the State in the undertaking of the company, in addition to the sha .....

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