Question

Define government company

Answer 1

Answer:

A government is an institution or a system made of a group of people that takes care or manages a country or a state. Every government has its own constitution or a set of fundamental principles that it follows to ensure effective governance.

Answer 2

Answer:

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 [and includes.

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