Business Studies, asked by arkhamguys3309, 11 months ago

state any three situations wherein government company is the most suitable form of organisation public enterprises.

Answers

Answered by Rajsharma0ooyourbf
8

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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