Question

5. Define a Government Company. State any four exemptions available to a Government Company.​

Answer 1

Explanation:

These are many government companies, few of them are, Steel Authority of India Limited, Bharat Heavy Electricals Limited, Coal India Limited, State Trading Corporation of India, etc.

Answer 2

Explanation:

Define a Government Company

Government company means any company in which not less than fifty-one per cent of the [paid-up share capital] is held by the Central Government, or by any State Government or Governments, or partly by the Central Government and partly by one or more State Governments

State any four exemptions available to a Government Company

• Central Government,
• State Government
• a combination of the above two
• includes a subsidiary of such a Govt. Co.