Question
A government company is a company inĀ which __________%
of the paid up share capitalĀ is held by the central government , or by any state government .Solution
Section 2(45) of the Indian Companies Act, 2013, defines government companyĀ as, Any company inĀ which not less than 51% of the paid up share capitalĀ is held by the central government , or by any state government.
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