Question

Engineers India Ltd. Provides engineering and related technical services for

petroleum refineries and other industrial projects. Majority of the shares are

held by the government. It is registered under the Companies Act 1956 (now

Companies Act 2013) and thus possesses all characteristics of a company like

separate legal entity, perpetual succession and a common seal. It can sue and

be sued, enter into contracts and acquire property in its own name. The Board

is appointed by government and its shareholder are responsible for its efficient

management. The company prepares its annual report and submits it to the

appropriate authorities​

Answer 1

Answer:

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