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<h1>Public company defined under Section 2(71) of Companies Act, 2013: Not private, meets share capital norms.</h1> A public company, as defined by Section 2(71) of the Companies Act, 2013, is a company that is not classified as a private company and meets the prescribed minimum paid-up share capital requirements. Additionally, a subsidiary of a non-private company is considered a public company under this Act, even if it retains private company status in its articles.