Question

Gas authority of India (GAIL) is carrying on various projects of

energy and power .Majority of its shares are held by government

of India. It is registered under Companies Act ,2013 and enjoyall the characteristics of a company. The board of directors are

appointed by the government. The Board and Shareholders are

responsible for the efficient working of the company. The

company prepares its annual report and submit to appropriate

authorities.

a) Name and explain the types of public sector enterprise

referred in above Para.

b) Government buys shares in whose name?

c) Where does a government company submit their reports ?

Please answer only c option ​

Answer 1

Answer:

Gas Authority of India Ltd. (GAIL) is carrying on various projects of energy and power. Majority of its shares are held by government of India. It is registered under companies Act, 1956 and enjoys all the characteristics of a company