Q. 22 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 enjoy all the characteristics of a company. The board of directors are
appointed by 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?
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