Question

.Chennai Pharmaceuticals co Ltd , registered

under the Companies Act,2013, was started

with a paid up capital of Rs. 50,00,000. 40% of

this paid up capital is in the hands of private

individuals and the balance is held by the

Government of Chennai. Chennai

Pharmaceuticals belong to which form of

public sector enterprise. State its features and

merits​

Answer 1

Explanation:

Company registration in Chennai is regulated by the Companies Act, 2013, and administered by the Ministry of Corporate Affairs (MCA and is processed at the Central Registration Centre (CRC)

Answer 2

Answer:

Government company is the form of public sector enterprise