Define Government Company?
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Government company” is defined under Section 2(45) of the Companies Act, 2013 as “any company in which not less than 51% of the paid-up share capital is held by the Central Government, or by any StateGovernment or Governments, or partly by the Central Government and partly by one or more State Governments
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A "Government Company" is defined under Section2 (45) of the Companies Act, 2013 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 or governments or partly by the central government and partly by one or more state governments .
☆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 or governments or partly by the central government and partly by one or more state governments .
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