Question

,the shares of this form of public Enterprises are purchase in the name of president of India explain three limitation of the form of public Enterprises mention in the above statement​

Answer 1

Answer:

the public enterprises which are formed by government

Explanation:

There can be three different forms of public enterprises.

formed by :

1. Governmental A department

2.public co-corporation

3. Government based company

it has advantages and disadvantages at a same time .

Advantages:

1.it work under government rules and regulations

2.very low changes of default

3.stable environment

drawbacks are:

1.not much flexibility

2.unnecessary delays

3.political interference

Answer 2

Public Enterprise is an activity of a business character, managed and owned, fifty one percent or more, by the government – Central, State or Local, providing goods and services for a price.

Explanation:

Public Enterprises is a local , State or central govt owned & controlled company. The govt makes either "whole or the majority" of the investment. The fundamental aim of a state-owned enterprise is to deliver "goods & services" for the public at a ""reasonable rate, even if profit is not excluded.

The types of organisation which a public enterprise can take are as follows:

1. Statutory enterprise  
2. Departmental enterprise
3. Government enterprise  

There are several limitations to public enterprise, that are as follows:

• As the govt is the only shareholder, with few of the companies, the "Companies Act provisions" are of little significance.
• It evades a government-financed company's constitutional responsibility. The Parliament shall not be held directly liable.
• It is only the govt who is sole shareholder, as such it is the govt which is in the hands of the govt. The main purpose of a publicly registered company is defeated as other companies.

To know more

it is a public enterprise established under indian companies act and ...

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