ABC Ltd. is a leading marketing company of soft drinks. Its 32%
of total paid-up capital is held by Central Government and 21% is by Delhi
Government.
(a) Identify the form of public sector enterprise mentioned above.
(b) State any four features of such an enterprise
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Answer. Answer: Section 2(45) of the Indian companies act, 2013, defines government company as, "Any company in which not less than 51% of the paid up share capital is held by the central government, or by any state government."
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