Question

11. Bharat heavy electricals ltd (BHEL) , Steel Authority of India (SAIL) being government 3

provide goods and services at reasonable prices to the public at large.

Majority of the shares are held by the government . It is registered under the Companies

Act ,2013 and thus possesses all characteristics of a company like separate legal entity,

perpetual succession and a common seal.

1. Which legislation of the parliament governs the establishment and functioning of these

companies ?

2. Who is the major shareholder and has full control over the management in these

companies ?

3. In whose names shares of the company purchased ?
,​

Answer 1

Answer:

2. Who is the major shareholder and has full control over the management in these

companies

Explanation:

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