Unlock Advanced Research with PRISMAI Integrated with over 4 crore judgments and laws — designed for legal practitioners, researchers, students and institutions - Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ... Upgrade to Premium Document Options Get in PDF Print it! [Cites 0, Cited by 5] [Section 257] [Entire Act] Union of India - Subsection Section 257(2) in The Companies Act, 1956 (2)Sub-section (1) shall not apply to a private company, unless it is a subsidiary of a public company.