Question

explain government company its features merits and limitations also​

Answer 1

Explanation:

If Central or any State Government holds majority of paid up share capital (not less than 51%) in any company, it is called a Government Company. ... They are incorporated under the Companies Act, 1956. They are better than Departmental organizations because they enjoy more flexibility.

Answer 2

Explanation:

if central or state government holds majority of paid up share capital in any company is it called a government company ...

They are incorporated under the companies Act ,1956

They are better than Departmental organizations because they enjoy more flexibility ...

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