Define a government company.
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MEANING OF GOVERNMENT COMPANY:
A Government company is a company in which more than 50% of the paid-up capital is held by the Central Government, State Government, or jointly by the Central and the State Governments.It is formed and registered under the Companies Act 20113.
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A Government company is a company in which more than 50% of the paid-up capital is held by the Central Government, State Government, or jointly by the Central and the State Governments.
It is formed and registered under the Companies Act 20113.
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