Section 43A of the , which was inserted by Act 65 of 1960, reads thus : 43A. (1) Save as otherwise provided in this section, where not less than twenty five per cent of the paid up share capital of a private company having a share capital, is held by one or more bodies corporate, the private, company shall. 802 become by virtue of this section a public company : Provided that even after the private company has so become a public company, its articles of association may include provisions relating to the matter specified in clause (iii) of sub section (1) of section 3 and the number of its members may be, or may at any time be reduced, below seven : (2) Within three months from the date on which a private company becomes a public company by virtue of this section, the company shall inform the Registrar that it has become a public company as aforesaid, and thereupon the Registrar shall delete the word "Private" before the word "Limited" in the name of the company upon the register and shall also make the necessary alterations in the certificate of incorporation issued to the company and in its memorandum of association. . (4) A private company which has become a public company by virtue of this section shall continue to be a public company until it has, with the approval of the Central Government and in accordance with the provisions of this Act, again become a private company.