Question

The Share capital of thr government company must not be less than
a)75% b)60%
c)95% d)51%​

Answer 1

Explanation:

correct answer is Option D

must not be less than 51%

Answer 2

51% is the answer. Option (d) is correct.

Explanation:

• Section 2(45) of the Indian companies act, 2013, gives the definition of government company.
• According to the act, the share capital of the any company must not be less than 51% ownership by central or state government.
• It is held by the government or central government or by any state government or partly by central government or partly by one or more State Governments.
• A subsidiary company also consider as a Government company.
• Depending on the nature of ownership, annual report of a government company have to be tabled in both houses of Parliament or state legislature.
• Unlike other companies, a government company directly or indirectly cannot contribute any amount to any political party.

To Learn More...

1.The share capital of the government company must not be less than

a. 75%

b. 60%

c. 95%

d. 51%

https://brainly.in/question/4041895

2.In government company Minimum ........% paid up capital is held by government.

https://brainly.in/question/19656950