Features of government companies?
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It is a separate legal entity.
It is incorporated under Companies Act 1956 & 2013.
The management is governed and regulated by the provisions of Companies Act.
The Memorandum of Association and Articles of Association govern the appointment of employees.
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Answer:
Features of a Government Company
It is a separate legal entity.
It is incorporated under Companies Act 1956 & 2013.
- The management is governed and regulated by the provisions of Companies Act.
- The Memorandum of Association and Articles of Association govern the appointment of employees.
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